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- Ethiopia Opens Bids for 225MW Solar Projects
Ethiopia Opens Bids for 225MW Solar Projects
Key Figures & Findings: Ethiopia has launched an international request for qualification (RFQ) for two greenfield solar PV plants totaling 225MW, signaling a strategic policy shift toward public-private partnerships in its renewable energy sector. The Ethiopian government aims to attract global investors as part of a broader plan to boost clean energy capacity. This initiative is expected to be the first of several, with plans for an additional 650MW of solar and four wind projects in the pipeline.
Statistics & Insights: Ethiopia's energy sector is currently dominated by hydropower, which accounts for over 90% of its electricity generation. The new solar projects are part of an effort to diversify energy sources and stabilize the grid.
Future Implications: These projects could significantly enhance Ethiopia’s energy security by reducing reliance on hydropower, which is vulnerable to droughts. The bidding process is expected to conclude by late 2025, with construction likely commencing in 2026.
Source: Africa Energy