Saudi Firm Secures Nation’s First Solar Project

September 14 , 2019


Saudi Firm Secures Nation’s First Solar Project

The Ministry of Finance approved the financial offer placed by a Saudi Arabian energy company to generate and sell solar power to the government from two farms in Somali and Afar regional states. The Public-Private Partnership (PPP) Board under the Ministry announced ACWA as the winner of the project to generate 250MW of power from Gad and Dicheto solar projects. ACWA offered 0.0252 dollars a kilowatt-hour for Gad and 0.0259 dollars a kilowatt-hour for Dicheto. The projects, which will cost 300 million dollars, are expected to be completed within 18 months. After generating solar power, ACWA will sell it to the Ethiopian Electric Power. Gad is located 40Km from Dire Dawa in Somali Regional State, while Dicheto is found 90Km from the town of Semera, close to the border with Djibouti in Afar Regional State.


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Corporation Calls on Suppliers for 200,000tn Sugar Procurement

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Youth in the National Theatre area are waiting for the bus to start moving. They have found a handle to grab and accelerate them ones its starts moving as they ride their skateboard. Although skateboarding is nearly unheard of in Ethiopia, over the past few years, young people have developed a taste for it. Safety, though, leaves a lot to be desired...