In East Africa, the Djiboutian Geothermal Energy Development Office (ODDEG) has obtained a $27 million grant from Kuwait Development Fund (KDF) to develop Gale-Le-Koma geothermal project.
According to ThinkGeoEnergy the grant was approved last week and will be utilised for the drilling of 10 wells (eight production boreholes and two re-injection boreholes) and a geothermal power plant with a capacity of 15MW by the year 2021.
The signing of this agreement is mainly the result of two weeks of intensive work between the KFD and ODDEG officials, who focused on the financial and technical evaluation of the Gale-Le-Koma geothermal project in Lake Assal, media reported.
Gale-Le-Koma geothermal project
Launched in October 2016 by Djibouti President Ismail Omar Guelleh, the project has been fully funded by the Djibouti government and will be executed by the ODDEG, media reported.
It is reported that the country has since then acquired two drilling rigs capable of drilling more than 2km deep and greatly strengthening the training of its human skills.
“With these results in line with our expectations and the expectations of a whole country, we were finally able to carry out a feasibility study for the construction of a geothermal power station with a capacity of 15MW in its first phase, which will reach 50MW in its final phase," the statement explained.
The ODDEG also stated that the signing of the loan agreement to finance this project announces “how much in such a short time this courageous bet of the Djiboutian government was a real success”.
Energy road map
Media also reported that the Djiboutian president has announced plans to developing clean energy that would be accessible to all citizens among the priorities of the energy road map in the country’s new five-year plan. Read more...
The President said the country's energy independence will be “based on renewable energies and especially geothermal energy whose potential is estimated at more than 1,000MW”.