{"id":274068,"date":"2019-04-25T06:18:45","date_gmt":"2019-04-25T10:18:45","guid":{"rendered":"https:\/\/news.google.com\/articles\/CBMiYGh0dHA6Ly93d3cuZ2xvYmFsY29uc3RydWN0aW9ucmV2aWV3LmNvbS9uZXdzL2JpZGRlcnMtd2FudGVkLTJibi1nZW90aGVybWFsLXByb2plY3QtZXRoaW9waWFzLXJpL9IBAA?oc=5"},"modified":"2026-09-14T11:41:02","modified_gmt":"2026-09-14T15:41:02","slug":"bidders-sought-for-a-2-billion-geothermal-plant-in-ethiopias-rift-valley","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/274068","title":{"rendered":"Bidders sought for a $2 billion geothermal plant in Ethiopia\u2019s Rift Valley"},"content":{"rendered":"<p>In April 2019, Global Construction Review reported that a Meridiam\u2013Reykjavik Geothermal venture tendered contractors for Tulu Moye, pitched as a path toward a $2 billion, 520 MW geothermal complex in Ethiopia\u2019s Rift Valley, starting with a 50 MW first phase.<\/p>\n<img data-recalc-dims=\"1\" height=\"780\" width=\"780\" class=\"aligncenter size-large wp-image-316172\" src=\"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2020\/05\/Tulu-Moge-Geothermal-Project.jpg?fit=780%2C780&#038;ssl=1\" alt=\"Bidders sought for a $2 billion geothermal plant in Ethiopia\u2019s Rift Valley\" \/>\n<p>Geothermal fits Ethiopia\u2019s clean-power story: baseload electricity without the rainfall anxiety that dogs hydropower. The hard parts are drilling risk, grid connection, and whether tariffs can repay foreign capital.<\/p>\n<p>Abiy Ahmed\u2019s government loved energy megaproject language. Investors wanted bankable offtake. Communities near volcanoes wanted land and water questions answered before turbines spun.<\/p>\n<p>Kept for energy readers, Tulu Moye is a checkpoint in Ethiopia\u2019s attempt to diversify beyond dams. Ambition is cheap. Steam fields and contracts are not.<\/p>\n<p><strong>Sources:<\/strong> <a href=\"https:\/\/www.globalconstructionreview.com\/news\/bidders-wanted-2bn-geothermal-project-ethiopias-ri\/\">Global Construction Review<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Bidders wanted for $2bn geothermal project in Ethiopia&#8217;s Rift Valley &#8211; News&nbsp;&nbsp;GCRA joint venture between Paris-based investor Meridiam and Reykjavik Geothermal has just launched a tender for the world&#8217;s fourth largest geothermal energy &#8230;<\/p>\n","protected":false},"author":30,"featured_media":316172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-274068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2020\/05\/Tulu-Moge-Geothermal-Project.jpg?fit=966%2C602&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-19is","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/274068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=274068"}],"version-history":[{"count":2,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/274068\/revisions"}],"predecessor-version":[{"id":601442,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/274068\/revisions\/601442"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/316172"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=274068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=274068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=274068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}