The winds of change (as in dollars and cents) are blowing through Ethiopia, according to a Chinese government-funded study. HydroChina International Engineering Company (HCIE) is reporting that Ethiopia is home to more than 1,300 GW of wind energy. Chinese companies are in the hunt, with a 51-megawatt plant near Adama, in central Ethiopia, already finished and more planned.
As for the plant in Adama: “China Exim Bank provided 85% of the $117 million project cost in the form of a loan, with the remainder coming from the Ethiopian government,” according to New Energy News.
Source: New Energy News
Image: Galyna Andrushko via Shutterstock
Chelsea is a former newspaper reporter who has spent the past few years teaching English in Poland, Finland and Japan. When she wasn't teaching or writing, Chelsea was traveling Europe and Asia, sampling spicy street food along the way.