|Policy status:||In Force|
|Policy Type:||Economic Instruments, Regulatory Instruments, Economic Instruments>Market-based instruments|
|Size of Plant Targeted:||Large|
|Agency:||International Finance Corporation (World Bank Group), Government of Ethiopia|
|Legal References:||Government Energy Master Plan 2020|
Ethiopia Electric Power signed an agreement with the International Finance Corporation (World Bank Group) to advise on scaling solar power. Based on the government’s energy plan for the years up to 2020, Ethiopia has prioritized 300 MW of solar PV projects dispersed across three sites.
Ethiopia’s state-owned power utility Ethiopian Electric Power (EEP) has launched a Request for Pre-Qualification for the deployment of 250 MW of PV capacity in October 2017. Through the tender, the utility hopes to build two 125 MW (AC) PV plants in the frame of the World Bank’s Scaling Solar program. The Italian energy company, Enel, has announced that its renewable energy subsidiary Enel Green Power (EGP) was selected as the preferred bidder in the tender for the construction of a 100 MW solar power plant in Metehara, Oromia, central Ethiopia. The USD 120 million project is scheduled to come online in 2019 and to sell power to the Ethiopian power utility Ethiopian Electric Power (EPP) under a 20-year PPA.
Last modified: Tue, 14 Aug 2018 11:21:27 CEST