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Energy Transition North America 2021

Ethiopia signs 210m euros wind energy contract with French coy

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A contract worth 210 million euros was signed Friday between the French fitter and manufacturer of wind mills, Vergnet and the national electricity company of Ethiopia during the visit to Ethiopia, of Mrs. Anne-Marie Idrac, French Secretary of State in chThe project relates to the sale and installation of 120 wind mills of 1 MW (mega

watts) over three years in the area of Tigray located in the northern part of

Ethiopia which will provide electricity to more than five million

Ethiopians.

Ethiopia, which has nearly 75 million inhabitants, seeks to

increase its energy independence to cope with the rise of its local demand and

wishes to become a supplier of electricity for the bordering

countries.

At a meeting, Idrac and the Ethiopian Prime Minister, Meles

Zenawi, were delight ed with the signing of the contract, which opens a new era

in the economic relationship between the two countries and laid the objective of

trippling the investments and the exchanges as soon as possible, indicated an

official statement of the French Foreign Trade St ate secretariat.

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