Ethiopia Renegotiates Key Deals to Restart Multimillion‑Dollar Geothermal Projects: Tulu Moye and Corbetti Move Toward Restart After years of security disruptions, financing shortfalls and contract disputes, two of Ethiopia’s highest‑profile geothermal concessions , the Tulu Moye (Meridiam/Reykjavik Geothermal) and Corbetti projects , are actively renegotiating with senior government authorities to resume development. The talks mark a practical pivot from litigation and prolonged suspension toward restarting drilling and project implementation, with implications for Ethiopia’s energy mix, investor confidence and the regional geothermal supply chain. Why these renegotiations matter For an emerging geothermal market like Ethiopia, the fate of Tulu Moye and Corbetti matters on three fronts: capacity and grid impact, investor signaling, and the country’s ability to mobilize large, foreign‑led project finance. Each project alone represents several hundred megawatts of potential dispatchable...
The African Development Bank has approved a transformative $16.5 million loan to accelerate Kenya’s clean energy transition. By: Robert Buluma This funding will drive the construction of the 35 MW OrPower Twenty-Two ( OTTL ) Geothermal Power Plant in the Menengai geothermal field—a flagship renewable energy project set to deliver reliable, affordable, zero-emission baseload power straight into the national grid. Nestled in Kenya’s dramatic Rift Valley, north of Nakuru Town and about 180 km northwest of Nairobi, the Menengai geothermal field taps into one of the continent’s most promising sources of clean, sustainable energy. By harnessing the Earth’s natural heat deep underground, this project helps break Kenya’s dependence on expensive and polluting diesel generators. The OrPower Twenty-Two plant will be the third 35 MW facility in the Menengai field, complementing the already operational Sosian Menengai Geothermal plant and the under-construction Globeleq Menengai project (also supp...