Corbetti Geothermal signs new PPA and Implementing agreement for project in EthiopiaSigning ceremony with government and company representatives, Addis Ababa/ Ethiopia, March 31, 2020 (source: InfraCo Africa)Alexander Richter 1 Apr 2020The developer of the Corbetti geothermal project in Ethiopia has also signed a new PPA and Implementation Agreement with the government of Ethiopia and the state-owned power utility in the same ceremony for another project. The signings mark the next step for the pioneering geothermal project. “Corbetti Geothermal is extremely pleased to be participating in this signing ceremony. Over the past decade, Corbetti and its sponsors have remained committed to the project and to developing Ethiopia’s geothermal potential. The PPA and IA signed today will allow the project to move into the next phase of implementation, and to commence the drilling programme.

Source: Ethiopian News April 01, 2020 23:26 UTC