Among these, solar energy emerges as a beacon of hope, poised to transform Ethiopia''s energy landscape and drive socioeconomic development. Significantly, the country has relied heavily on hydropower, which accounts for more than 90% of its electricity generation.
She mentioned that the country''s focus is on the solar energy sector, where Ethiopia is investing 300 million USD in a project aimed at generating 300 megawatts of solar energy. It does not only support the country''s renewable energy goals but also contributes to reducing carbon emissions and promoting sustainability, she said.
By improving energy access, solar energy can stimulate local economies, enhance educational opportunities, and improve healthcare services, thereby contributing to overall development. Moreover, the transition to solar energy aligns with Ethiopia''s ambitious climate goals.
She emphasized that the country is actively pursuing a green economy by implementing extensive energy transition initiatives aimed at fulfilling its 2030 vision. She mentioned that the country''s focus is on the solar energy sector, where Ethiopia is investing 300 million USD in a project aimed at generating 300 megawatts of solar energy.
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