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Geothermal Risk Mitigation Facility

Region
Eastern Africa
Sector
Energy
Scope
DG
Grant Amount
EUR 30,000,000
Total project cost
EUR 1,000,000,000
Status
Approved
PFG Lead Financier
KfW

Development of 4 geothermal power plants in the region with an installed capacity of 300 MW in total, e.g. 150 MW in Tendaho/Ethiopia (in negociaton for Export to Djibouti), 30 MW in Rwanda/Virunga Volcano on the border to DRC, 60 MW in Kenya/Silali, 60 MW in Kenya/Longonot.

The ITF grant will be used for the following:  

  • Drilling of exploration wells at the most promising geothermal prospects to assist developers secure finance for subsequent exploration or   appraisal wells.
  • Surface studies to determine the optimal location of exploration wells at the most promising geothermal prospects.
  • Development of regional geothermal database of prospects in the region.
  • Pre-application training workshops for developers.
  • Support to AUC for management of the project.