Siemens Gamesa Expanding Its leadership In Africa

Posted on January 5, 2021

Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), strengthening its leadership in Africa as the country begins to expand its green energy capacity to meet ambitious renewable targets.

The 100 MW Assela wind farm will be located between the towns of Adama and Assela, approximately 150 km south of the capital, Addis Ababa, and will contribute to clean and affordable power for the country’s electricity grid.

The country has set an ambitious target to supply 100% of its domestic energy demand through renewable energy by 2030. According to the African Development Bank, Ethiopia has abundant resources, particularly wind with a potential 10 GW of installation capacity and having installed 324 MW at present.  

“Siemens Gamesa is intent on expanding its leadership across Africa, and in turn help a growing transition to green energy across the continent. So, we are extremely pleased to begin work in Ethiopia and look forward to collaborating with both EEP and the country to continue to promote their drive to install more renewables and meet transformational energy targets,” said Roberto Sabalza, CEO for Onshore Southern Europe and Africa at Siemens Gamesa.  

According to a Wood Mackenzie forecast, around 2 GW of wind power would be installed in Ethiopia by 2029.

The wind farm will be made up of 29 SG 3.4-132 wind turbines and is expected to be commissioned by the start of 2023. The project will generate about 300,000 MWh per year. Siemens Gamesa will provide full engineering, procurement, and turnkey construction.

The Assela wind project will be financed by the Danish Ministry of Foreign Affairs via Danida Business Finance (DBF) adding to a loan agreement signed between the Ethiopian Ministry of Finance and Economic Cooperation (MoFEC) and Danske Bank A/S.

Ethiopia has many renewable resources covering wind, solar, geothermal, and biomass, and the country aspires to be a power hub and the battery for the Horn of Africa. The country’s National Electrification Program, launched in 2017, outlines a plan to reach universal access by 2025 with the help of off-grid solutions for 35% of the population.

Siemens Gamesa is among the global leaders in the wind power industry, with a strong presence in all facets of the renewable energy business: offshore, onshore, and services. With more than 107 GW installed worldwide; Siemens Gamesa is an ideal partner for Ethiopia at this critical juncture in the East African nation’s accelerating energy journey.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA), has... Continue
‎ ‎The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on... Continue
For generations, conventional financial advice has treated debt like a trap — a final,... Continue
President Bola Ahmed Tinubu has approved the expansion of the Nigerian Army’s structure from... Continue
The Legal Practitioners’ Privileges Committee (LPPC) has approved the conferment of the prestigious rank... Continue
The Organized Private Sector of Nigeria (OPSN), comprising the Manufacturers Association of Nigeria (MAN),... Continue
BY ADEMOLA OSHODI  The international environment is placing a heavier responsibility on Nigeria. Regional... Continue
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity... Continue
The Department of State Services (DSS) says it will appeal the life imprisonment sentence... Continue
The Wireless Application Service Providers Association of Nigeria (WASPAN) has approached the Court of... Continue

UBA


Access Bank

Twitter

Sponsored