Ethiopia embraces renewable energy
The Ethiopian Electric Power Corporation (EEPCo) has signed contracts with three Chinese companies for renewable
energy projects.
The agreement will underwrite the building of the Genale Dawa-3 and Chemogayeda hydroelectric cascades and the Mesobo
Harena and Adama wind projects.
EEPCo concluded a $ 408 mm agreement with China Gezhouba Group Company for building the 254 MW Genale Dawa 3
hydroelectric facility in southern Ethiopia. CGGC representative, chief engineer Wang Chenli, said construction of
the dam will take four years to complete.
A second EEPCo $ 555 mm contract with Sinohydro Corporation provides for the construction of Chemoga Yeda
hydroelectric facility in north-western Ethiopia and includes construction of dams on five rivers.
EEPCo also signed a preliminary agreement with HydroChina Company for construction of two 51 MW wind power projects
in Adama and Mesobo Harena.
The Exim Bank of China is providing financing for the projects.
