The Ethiopian Electric Power (EEP) has signed a Memorandum of Understanding (MoU) with US- based Green Technology Africa Inc. (GTA) worth US$600m for solar photovoltaic (PV) power generation.
The solar power project will be able to generate 300 MW of electricity once complete. It expected to kick off in the next six months, and will take 2 and half years to complete and become ready for use.
With this project, the country will have taken a move forward towards realizing its plan to serve 75% of entire households in the country with electricity. Power generated by the new solar power farm project will be vast compared to small solar off-grid projects and it will be directly channeled to the national grid.
GTA will deliver the electric power generated from the solar power farm in a turnkey project to be set up in Dire Dawa, Kombolcha and Desse. The firm hopes that the MoU signed between them and EEP will give them the green light to start a full feasibility study on the areas identified. The deal was signed by the Chief Executive Officer of EEP, Eng. Azeb Asnake and the President of GTA, Dereje Mesfin.
GTA provides engineering consulting and management services for transmission, distribution, industrial and generation clients. It was founded in Arlington, Virginia, US, by Dereje Mesfin to supply innovative energy technologies for local and international business.