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.
Ethiopia aims to diversify its electricity generation capabilities by investing into an energy mix, of which photovoltaics will be a part. There are excellent conditions to use solar energy in Ethiopia, in particular in Tigray Region and on the eastern and western rims of the Ethiopian Highlands (roughly 2% of Ethiopia''s area).
Located in the Tigray Regional State, this 100MW solar power project is set to produce 260GWh of energy annually, reducing reliance on fossil fuels and advancing Ethiopia’s sustainable energy goals. With an estimated cost of $105.58 million, the project will operate under a Build-Operate-Transfer (BOT) model for 20 years.
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.
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Learn MoreLatest developments in solar PV technology, energy storage advancements, commercial power solutions, and industry insights from our team of renewable energy experts across Poland.
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