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Siemens Gamesa signs wind farm deal with Ethiopia

Jimoh Peters by Jimoh Peters
January 5, 2021
in BUSINESS & ECONOMY
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Siemens Gamesa signs wind farm deal with Ethiopia
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Siemens Gamesa has signed its first wind power project in Ethiopia with the state-owned electricity company, Ethiopian Electric Power, strengthening its leadership in Africa as the country begins to expand its green energy capacity.

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

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“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 Chief Executive Officer for Onshore Southern Europe and Africa at Siemens Gamesa, Roberto Sabalza.

According to a Wood Mackenzie forecast, around two gigawatts of wind power will 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 and 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 adding to a loan agreement signed between the Ethiopian Ministry of Finance and Economic Cooperation and Danske Bank A/S.

Tags: renewable energySiemens GamesaSiemens Gamesa signs Wind farm dealWind farm deal

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