Addis Abeba, October 15/2020 – The United States, through the U.S. International Development Finance Corporation (DFC), has committed $1.55 million in technical development for the Tulu Moye Geothermal Power Plant Project in Ethiopia. This new grant will enable project development and accelerate the schedule to design the 50-megawatt geothermal power …

Addis Abeba, 08 May/2020 – The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate Investment Funds (CIF), to extend a $10 million concessional senior loan for development of the 50 MW Tulu Moye Geothermal …

Addis Abeba, March 09/2020 – Tulu Moye Geothermal Operations (TMGO), an independent energy company in Ethiopia, kicked off drilling on 04 March 2020 at its project site, Tulu Moye, Arsi Zone of Oromia Regional state, Iteya District. “This drilling milestone will mark the beginning of the development of 150 MW …