Corbetti Geothermal Project: Ethiopia’s Ambitious Plan to Harness Clean Energy for Growth Ethiopia’s Corbetti Geothermal project has taken a significant step forward after signing a contract with the United Kingdom’s Marriott Drilling Group to drill up to four exploration wells near Shashemene in Oromia. The agreement marks the beginning of a new phase for one of Africa’s most closely watched geothermal developments and could help Ethiopia diversify its electricity supply beyond hydropower. The project is being advanced by Taranis Operations Ltd, which recently acquired a majority interest, alongside the Private Infrastructure Development Group (PIDG), which retains an approximately 40% minority stake. PIDG has also committed an additional USD 7.2 million through its project-development arm, InfraCo Africa Business Development Limited. The drilling programme is expected to begin early next year after a rig arrives at the Corbetti site and final preparations are completed. The initial e...
🌋 Nevis Powers Forward: A Quantum Leap in Geothermal Energy Development By Robert Buluma | July 9, 2025 In a move hailed as a monumental step toward clean energy independence, Nevis has officially reached a historic milestone in its geothermal energy journey. With the recent opening of global tenders for the drilling of five major geothermal wells, the island is now closer than ever to realizing its ambition of sustainable, baseload geothermal power. Premier Hon. Mark Brantley, speaking during the July 3 sitting of the Nevis Island Assembly, described the development as a “quantum leap forward” — and rightly so. For a project that has been years in the making, the recent submission of bids by some of the world’s largest and most respected drilling companies signals a bold new chapter in Caribbean energy innovation. 🌍 Five Global Giants Enter the Ring Bids have been officially submitted by five world-renowned companies: Iceland Drilling Company (Iceland) Marriott Drilling (UK...