ACWA, Ethiopia Ink Power Purchase Deal

Dec 21 , 2019

ACWA Power, a Saudi Arabian power company, signed a 20-year power purchase agreement (PPA) with Ethiopian Electric Power on December 19, 2019. The agreement was made for two 125MW solar photovoltaic (PV) projects in Afar and Somali regional states. ACWA will sell the power at 0.0252 dollars a kilowatt-hour from Gad Solar Project in the Afar Regional State and 0.0259 dollars a kilowatt-hour from Dicheto Solar Project in Somali Regional State. With a combined capacity of 250MW, the PV projects are estimated to power 750,000 homes in Ethiopia and offset 320,000tn of carbon dioxide a year. ACWA Power was selected as the winner of the project out of 12 pre-qualified bidders.



Addis Abeba strives to be a city of distinction with a glamorous look. But lately, most parts of the city are overwhelmed by informal street vendors. Underneath the bridge around La Gare, commonly known as Lagahar, a street vendor sells pieces of watermelon from a mobile pushcart. Watermelon is a flowering plant species with more than 1,000 varieties worldwide. It lowers high blood pressure and cholesterol levels when taken regularly. Ethiopia exported 483tns of watermelon to Djibouti in 2018, w...



Since its establishment during the reign of Emperor Haile Selassie, Meskel Square, on the interseciotn of Africa, Ras Mekonen and Jomo Kenyatta avenues, has been one of the landmarks of Addis Abeba. Having been the site for public gatherings, rallies and festivities like (Meskel celebration), the Square laid out a somewhat classy atmosphere to the city and has become a recreational centre with a mesmerizing look. Following the Beautifying Sheger Initiative, the refurbishment of the Square was in...



Addis Abeba's Stadium neighbourhood has been home to driving and cycling trainees for decades. Homeless children favour the location for its open spaces and high traffic. They ride rented bikes around on a school day. Pangs of hunger are numbed out by riding in circles on top of colourful bikes for the children. They were escaping vicious cycles of poverty on top of bicycles, if only for minutes...