About Ethiopia Thermal Power Plant Energy Storage Project
The Corbetti Geothermal Power Station, is a 500 MW (670,000 hp) geothermal power station, under construction in Ethiopia. When fully developed, the power station will be the largest grid-ready independently developed geothermal power station in the country. The developers of this power plant plan to expand it from 10 megawatts to 60 megawatts, then to 500 megawatts and to possibly 1,000. LocationThe power station is located in the , near the town of , in theof Ethiopia.
The power station will be developed in phases. The first phase involves drilling of six exploratory wells for the development of a power plant with capacity of the initial 10MW . This will inform the progress to the next phase.
The cost of construction of the first phase of this infrastructure project (the first 10 megawatts) is entirely equity funded. InfraCo Africa injected two equal amounts of US$15 million each, once in September 2015 and a.
The contract for the geothermal drilling was awarded to , based in , Iceland. A consortium comprising Mannvit and , was selected by Corbetti Geotherma.
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About Ethiopia Thermal Power Plant Energy Storage Project video introduction
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