NEWS & PRESS

TMGO QUARTERLY BOARD MEETING

The TMGO Board of Directors paid a visit to the TMGO office in Addis Ababa this month for a Quarterly Board Meeting. The Directors were also joined by Mr. StephaneNoirie, who is the WorldWide Asset Management Director of Meridiam. The Board was updated on the progress...

Company embarks on USD 2 bln geothermal project

Tullu Moye Geothermal Operations Private Limited Company has embarked on the development a 520 MW geothermal project in the Oromia Regional State with an outlay of two billion dollars.  The Tulu Moye Geothermal project is located in the Oromia Regional State, East...

US Backs Tulu Moye Geothermal Plant

The United States Trade & Development Agency has thrown its support behind the Tulu Moye Geothermal project, the nation’s second geothermal plant. The Agency awarded a grant of 1.1 million dollars to conduct a feasibility study for the first 50MW phase of the planned...

Private Investors to Develop Africa’s Largest Geothermal Projects

Ethiopia inks its first ever power purchase agreement with private companies in an attempt to triple the nation’s electricity generation capacity to 17,000MW by 2020. The pact will enable developers to start Africa’s largest geothermal projects with an investment...

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