Azeb Asnake News

Azeb Asnake, CEO, Ethiopian Electric Power (EEPCo)

Ethiopia is the ideal environment for independent power producers (IPPs), says EEPCo CEO Azeb Asnake

Ethiopia has more than 45,000 MW of untouched hydro potential, plus huge resources of solar, wind and geothermal energy to tap; along with rising domestic demand for electricity; pro-investment policies; and plans laid out for the country to become a region-wide clean energy exporter.

Ethiopia has the potential to generate 45,000 megawatts of hydropower

Blackstone's Black Rhino looks at renewable power investments in Ethiopia

Black Rhino, owned by funds of U.S. investment company Blackstone Group, said on Wednesday it was looking at investments in Ethiopia’s power generation sector.

Azeb Asnake, CEO, Ethiopian Electric Power (EEPCo)

Ethiopia eyes extra 12,000 MW in power projects by 2020: Azeb Asnake, CEO, Ethiopian Electric Power (EEPCo)

Ethiopia plans to launch hydropower dams and other renewable energy projects over the five years to 2020 that will add an additional 12,000 megawatts of electricity upon completion, a senior official said on Monday.

River Dam

Ethiopia's $1.8B Gilgel Gibe III dam project could start power generation by June

A much-delayed $1.8 billion dam project under construction along Ethiopia’s Omo river could begin generating power by June and be fully operational by early 2016, an official said on Thursday.