Toshiba signs geothermal power generation deal in Ethiopia


Toshiba Corporation has signed a deal with Ethiopian Electric Power on a comprehensive partnership in geothermal power that will see the parties collaborate in power generation projects and personnel development.
Ethiopian Electric Power (EEP), a publicly owned utility, engages in the development of geothermal resources and the construction of power plants, said a statement.
Through the partnership with EEP, Toshiba will draw on its long-standing experience and expertise in geothermal systems to contribute to projects in Ethiopia.
The company will, more specifically, develop and manufacture major equipment, create operation and management guidelines, co-operate in personnel development, and start a waste heat utilization business.
Ethiopia plans to increase its current installed generating capacity of 2,268 megawatts (MW) to 37,000 MW by 2037, and the development of geothermal power will play a significant role in reaching that target, said the statement.
(TradeArabia News Service)