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Renewable Green Energy
TM Geothermal Operations PLC
100TM Geothermal Operations PLC (“TMGO”) was established in December 2017. The company signed the Power Purchase Agreement and the Implementation Agreement with the Ethiopia Electric Power and the Government of Ethiopia on the 19th of December, 2017 and restated documentation in March 2019, making it one of the first independent power projects in Ethiopia. The Tulu Moye geothermal prospect site is situated in the main Ethiopian Rift, northwest of Asela, close to the eastern margin of the rift. It is a wide zone where tectonic and volcanic activities are concentrated. The Tulu Moye geothermal prospect is located about 100 kilometers southeast of Addis Ababa in Oromia Regional State, with Lake Koka to the north and Lake Ziway to the south.
“Together, we deliver sustainable electricity from natural geothermal resources to support the economic development of Ethiopia.”
“To become the Leading Geothermal Development Company in Ethiopia.”
The Tulu Moye Geothermal project brings the preeminent international geothermal scientists to Ethiopia, including from USA, Iceland & Kenya, in a great example of international and African regional cooperation at its best. The vision of the Ethiopian Government leaders to develop their vast geothermal resources, by partnering with international scientific expertise and private sector financing, has become a reality. Tulu Moye Geothermal will continue to work in the coming years with the technical and financial experts in Ethiopia to develop a leading global geothermal industry.