Toshiba Corporation has signed a deal with Ethiopian Electric Power on a comprehensive partnership in geothermal power that will see the parties collaborate in power generation projects and personnel development.

Ethiopian Electric Power (EEP), a publicly owned utility, engages in the development of geothermal resources and the construction of power plants, said a statement.

Through the partnership with EEP, Toshiba will draw on its long-standing experience and expertise in geothermal systems to contribute to projects in Ethiopia.

The company will, more specifically, develop and manufacture major equipment, create operation and management guidelines, co-operate in personnel development, and start a waste heat utilisation business.

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, said the statement.

Toshiba will continue to promote various forms of renewable energy generation in the global market, including geothermal, wind, hydro and photovoltaic energy, to contribute to a reliable supply of renewable energy worldwide. - TradeArabia News Service