the signing event took place at Addis Ababa Hilton Hotel

Four Foreign Firms to Develop Solar Energy in Ethiopia

ADDIS ABABA – Ethiopian Electric Utility (EEU) signed deals with three Chinese firms as well as one Spanish company that will build 12 small-scale solar energy development projects in Ethiopia.

Chinese Norinco International Cooperation, Gudiyan-Nanjing, and CET and NR, as well as Spanish Trama are the foreign companies that signed the agreement on Friday.

The projects will be built in Oromia (three), Amhara (two), SNNP (two), Somali (one) Tigray (one) Afar (one), Benishangul-Gumuz (one), and Gambella (one).

Officials said, once completed, the projects will help to light more than 67, 700 rural homes.

The project, partly funded by the World Bank, is expected to be completed within 6 months.

Ethiopia is one of the few countries in the world which generates almost all the electricity from renewable resources, mostly hydropower.

The East African nation gets 90 percent of its total electricity from 14 hydropower generating plants with a total installed capacity of almost 3,815 megawatts.