Toshiba Concludes a MOU with Ethiopian Electric Power on Geothermal Power Generation

Toshiba concluded a MOU with Ethiopian Electric Power (EEP) on a comprehensive partnership in geothermal power to collaborate in power generation projects and personnel development. EEP, a publicly owned utility, engages in the development of geothermal resources and the construction of power plants. Through the partnership with EEP, Toshiba will draw on its experience in geothermal systems to develop and manufacture major equipment, create operation and management guidelines, cooperate in personnel development, and start a waste heat utilization business. Looking to the future, Ethiopia plans to increase its current installed generating capacity of 2,268 MW to 37,000 MW by 2037, and the development of geothermal power will play a significant role in reaching that target.