Assela lands Danish finance

1 June 2018

A proposed 100 MW wind farm on the edge of Africa’s Rift Valley will be built with the help of financing from the Danish government.

The Assela wind farm will be built in Ethiopia, 150 km from capital city Addis Ababa, and has won the support of the Danish International Development Agency (Danida).

Danida has signed an agreement with the Ethiopian government to provide a $201 million loan to finance construction of Assela. The wind farm is part of Ethiopia’s plan to diversify its energy sources to support its rapidly growing manufacturing sector.

Construction of Assela is due to start in 2018, and the wind farm should be completed in 2020.

Ethiopia is planning to increase its electricity generating capacity to 17 300 MW by 2020, up from its current capacity of 4200 MW. It will focus on using its hydropower, geothermal, wind, biomass and solar energy resources.



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