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Ethiopia looks to realise its geothermal energy potential

2013-02-13 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Ethiopia, like its fellow Great Rift Valley countries, has enormous geothermal energy potential. However, the costs involved and the need for skilled expertise have, until now, been major obstacles. In late January, the Development Bank of Ethiopia announced that, over the next five months, it will offer an initial $20m to kickstart geothermal energy projects in the country's private sector as part of a programme funded by the World Bank. A further $20m is expected to be made available at a later...

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