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  • Enel soaks in Ethiopian sun Posted on 23 October 2017

    Enel Green Power and Ethiopian infrastructure company Orchid Business Group have been selected as preferred bidder for a 100MW solar plant tender launched by local utility Ethiopian Electric Power (EEP).

    The consortium has the right to develop, build and operate the $120m project in Metehara, almost 200km east of Addis Ababa.

    The plant is expected to come online in 2019 and will generate approximately 280 gigawatt hours a year of electricity.

    EEP has a 20-year power purchase agreement for all the electricity generated by Metehara. 

    Enel Green Power head Antonio Cammisecra said: “Ethiopia has all the potential to become a key market for Enel’s strategy in Africa.

    “The country has plenty of renewable sources that can generate energy at affordable rates thanks to modern green technologies.

    “Additionally, Ethiopia boasts a stable regulatory framework, based on tenders and PPAs, and steady energy demand growth, which is also sustained by a long-term electrification plan.”

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