M a r k e t N e w s

ETHIOPIA: 4th Resource to Assess Geothermal Resources in Two Regions

Posted on : Monday , 9th January 2023

Canadian company 4th Resource has been awarded a licence by the Ethiopian authorities to conduct geothermal surveys in 2 regions. The planned studies will measure the intensity of the geothermal resource with a view to developing this renewable energy in Ethiopia.

 

Ethiopia wants to increase the share of geothermal energy in its energy mix. As part of this policy, the Ethiopian Ministry of Mines is granting a geothermal reconnaissance permit to 4th Resource, a company based in Calgary, Canada. “This is an important milestone for 4th Resource as it moves towards its goal of becoming an independent energy developer with a minimal environmental footprint,” says the Canadian company.

 

The licence covers an area of 1,948 km² in the Somali Regional State and Dire Dawa Administrative Council regions of eastern Ethiopia. With this licence, 4th Resource will carry out the evaluation and qualification of previously identified geothermal resources with the aim of moving into the exploration and development phases. The permit was issued under the new geothermal regulations issued in 2019 by the Ethiopian government, which aim to facilitate and encourage the development of geothermal energy in the country.

 

The Ethiopian part of the Great Rift Valley stretches 1,000 km from the Afar Depression at the junction of the Red Sea and the Gulf of Aden in the northwest to the Turkana Depression in the south, providing Ethiopia with abundant geothermal resources. In fact, the potential of this East African country is estimated at 10,000 MWe according to the book Clean Energy Opportunities in Tropical Countries published by Shaharin A. Sulaiman in January 2021 published by Springer.

 

Ethiopia has already started exploiting its geothermal potential with an installed power capacity of 8 MWe. Geothermal energy development is ongoing at several sites, including Tulu Moye, Corbetti and Aluto Langano in the southern region of Oromia.  These projects are in the exploration and construction phase and are being developed by private companies, including France’s Meridiam, Iceland’s Reykjavik Geothermal, and Britain’s InfraCo Africa and Berkeley Energy.

 

Source : www.abafnz.com
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • Manufacturing and marketing "aira" brand Valve Automation Products
  • Leading manufactures and expoters of the electronic products
  • Dedicated to the Engineering Manufacturing Sector in India
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • Save your power bill by instaling servo voltage stabilizer.
  • Catering for the most varied industrial storage requirements.
  • YorPower Kenya was established in 2002. From our headquarters in Nairobi we sell Diesel Generators manufactured by our parent company,
  • Solarway is a forward thinking creative think tank that develops personalised and sustainable power solutions for people with limited or no access to power.
  • KJV is a professionally managed group in distribution & transmission sector involved in executing contracts
  • All type conveyor belts for internal & external location tapis roulant de tout genre pous deplacement a l
  • GM Electricals is a competitive wholeseller of broad range of electrical materials and equipments
  • Suppliers of generators for every application
  • Kenya Engineer is a Journal of the Institution of the Engineers of Kenya
  • Air Conditioning Hire
  •  Ratan Projects & Engineering Co. Pvt. Ltd. is the flagship company of the Ratan
  • Speco Ltd. is the leading manufacturer & supplier of Asphalt Mixing Plant, Concrete Batching Plant, Crushing Plant & Optimized Integrated Flue Gas Treatment System.
  • Worthington Products is the Worlds most trusted name when it comes to providing quality waterway barriers for Debris Control, Dam Safety, Ice-Booms, Fish Guidance
  • Anya energy limited is accredited with ISO 9001 certification for Quality Management System and our products are recognized and certified by Bureau of Indian Standards
  • Manufacturer & Trader of coil winding machines, toroidal coil winding machines, wire bunching machines, complete winding solution
  • The trusted source for all your heavy  equipment needs!
  • We have been at the forefront of plate heat exchanger technology.
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  •  SOVEMA is the worldwide leading supplier of machinery for lead-acid battery production.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade