2merkato

Westin Hotels and Resorts is currently negotiating with MIDROC Ethiopia to manage the new African Union Grand Hotel. The hotel is currently under construction in the compound of the headquarters of the African Union in Addis Ababa.

Westin is in the final stages of discussions as part of the process of taking over the management of the new grand Hotel being built by MIDROC. The Hotel is expected to launch operations staring from 2013. The opening of the Hotel is intended to coincide with the 50th anniversary of the African Union, it was said.   

Wild Coffee Ethiopia, an emerging coffee company from Ethiopia, was declared the Rising Star Company of the Year in Africa at the Africa Food Awards ceremony in Nairobi, Kenya.

A master plan assessing the Wind and Solar resources of Ethiopia conducted by Hydro China Corporation was revealed this week.

Ethiopia has a potential capacity of more than 1.3 million MW for wind resources and annual reserves of 2 million TWh of solar energy according to the Master Plan.

The study included various aspects including field investigations to establish solar and wind energy resources in the country as well as preparing wind and solar energy resources assessments for the Master Plan.

Thursday, 9 June 2011

Ashegoda Wind Farm, the first of its kind in Ethiopia, is going to start projection of the first megawatt of electricity in July according to Jean-Christophe Belliard, the Ambassador of France to Ethiopia, who has been closely following the project.

The wind farm will have an installed capacity to generate 120 megawatt of electricity.

Believed to be the biggest wind farm in sub-Saharan Africa, the wind farm project is to be completed in three phases. The first of the project's three phases, according to the ambassador, will be fully completed by September and connected to the national grid with an installed capacity of 30 megawatt of electricity.

The construction of the wind farm project is in progress in Ashegoda, 20 km south west of Mekelle, the capital of the Tigray Regional State. Vergnet Group, the French turbine manufacturer and developer of wind farm, is commissioned to undertake the construction of the farm project at a cost of 210 million euro.

For various reasons, the project had been going slow when it started but now it is moving fast, the ambassador said.

The ambassador said that the wind farm was equipped with the kind of technology that makes it possible to tone down the wind mill just by pressing a button when a bad storm is coming.

By the time the project is fully completed in February 2013, it will have 120 GEV-HP 1 megawatt twin-blade tilting rotor turbines installed.

Source: Walta Information Centre

The Addis Ababa City Administration is set to transfer more than ten thousand condominium houses located in different parts of the city to beneficiaries.

The City Administration's Housing Development Bureau has announced the 9th round winners of the housing program on Sunday 7 April 2013. The condos cost over 2 billion Ethiopian birr.