Ethiopia is planning to achieve universal energy access by 2025 using a sector-wide integrated approach with a special focus on off-grid electrification.
And there are indications Africa’s second most populous nation with a solid economy can achieve it, after three years of violence.
Already, the Ministry of Water, Irrigation and Energy (MoWIE) and the Ethiopian Electric Utility (EEU) have commenced pilot projects with Ethiopia’s first ever mini-grids, electrifying 12 remote communities across the country with roll-out phase of hundreds of such mini-grids.
Besides, the government has already announced the commencement of a tender for six mega solar projects worth $798 million, with an estimated capacity of around 750 megawatts.
According to the ministry of finance, these steps would be followed by hydropower IPPs and further investments in large-scale wind and geothermal projects.
Ethiopia would update stakeholders on its progress at two co-located energy meetings taking place in Addis Ababa from 27 – 29th March.
During those gatherings, an update on the new version of Ethiopia’s National Electrification Program 2.0 (NEP) would be presented.
“This will be the first time the market has heard these announcements, so it’s an exciting time for Ethiopia’s energy sector,” said Karmen Tornius, Program Manager for the East Africa conferences.
“The country presents many unique investment opportunities with its rapidly growing economy and population. Coupled with a more open landscape for private investment, the potential is huge”.
Both meetings will welcome Seleshi Bekele, Minister of Water, Irrigation and Energy, Ethiopia alongside government officials from Djibouti, Somalia, Zimbabwe, Uganda, Malawi, Tanzania and Kenya and international financiers, donor organisations and power developers.