Japan to Fund Portable Geothermal Power Plant

Mar 20 , 2021


With the capacity to produce five megawatts of power, a portable geothermal power plant will soon be introduced with the help of the Japanese International Cooperation Agency (JICA). Japan has agreed to provide an 18-million-dollar grant to Ethiopian Electric Power (EEP), which is planning to commence commercial operations in August 2021. It is developing a five-megawatt geothermal power plant at the Aluto-Langano Geothermal Wellhead Power System. "Its generation capacity is rather small, but it is easy to install,” said Katuski Morihara, chief representative of JICA in Ethiopia. JICA supports efforts to explore the possibility of power-generation projects in Afar Regional State, carrying out preparatory surveys for a large-scale geothermal power plant at Aluto-Langano. EEP hopes to generate 50MW of power, a fraction of the 1,000MW of power Ethiopia plans to generate from its geothermal potential, by 2030. The Toshiba Energy Systems & Solutions Corporation (ESS), along with Toyota Tsusho Corporation and Turkish engineering company Egesim Energy Electro-Mechanic Construction Contracting, has received the engineering, procurement and construction contract for the project. Ethiopia currently has an electricity access rate of 45pc.


Radar

Coffee Exports Bring in 1.5B Br in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of coffee during the same period. According to Adugna Debella (PhD), director general of the Ethiopian Coffee & Tea Authority, the export strategy continues to focus on major international markets, with the top 10 destinations, including Saudi Arabia, Germany, and the United States (SU), accounting...


Radar

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a statement issued by the National Bank  following the auction, it was indicated that 70 million dollars was offered for the event. Subsequently, it was reported that 96 pc of the foreign exchange needs of the participating banks were met. In the previous auction, held 15 days ago, the bank had of...


Radar

City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registration coverage rate of 109.63pc, is largely attributed to the efficiency of the one-centre birth registration service system, which has been rolled out across health centres and courts. The total number of vital events registered, including births, adoptions, marriages, divorces, and deaths, reache...