Page 38 - Abyssinia Busniess Network November 2019

S/N Project Name Capacity Estimated Region
(MW) Project cost
(USD Million)

1 Metehara Solar 100 120 Oromia

2 Gad Solar Scale (Phase I) 125 150 Somali

3 Dicheto Solar Scale (Phase I) 125 150 Afar

4 Mekele Solar 100 120 Tigray

5 Humera Solar 100 120 Tigray

6 Welenchiti Solar 150 165 Oromia

7 Weranso Solar PV 150 165 Afar

8 Metema Solar PV 125 150 Amhara

9 Hurso Solar PV 125 150 Dire Dawa

Source: Own compilations from different sources
In conclusion, Ethiopia has a large
population with a rapidly growing
economy and very low level of
electrification. Ethiopia is doing
very well withregards to generating
electricity throughhydropower butthe
current capacity is extremely small
for a country with such rapidly
growing energy demand and needs to
be supported by alternating sources
such as wind and solar.Underlying
solar energy with a potential to be
used in both small- and large-scale
electrification measures, currently
it only takes up a small part of getting Image
Ethiopia’s power mix. as the government considers private The high degree of solar PV
and foreign direct investments in potential in Ethiopiaoffers an
On the other hand, the country’s renewable energy sector is critical to extremely profitable opportunity
ambition on massive industrial the success of the plan.This shows a for investors in the development
complexes and agricultural farms large potential to invest significantly of solar PV projects.
create a big opportunity for investors in energygeneration and transmission.

36 Abyssinia Business Nework ህዳር 2012 / November 2019