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30MW Hydropower Mining Facility in Ethiopia

Sector: Power Generation (CCGT) • Location: Addis Ababa, Ethiopia

Source: Dubai Week

Project
Operational

A 30MW hydropower-supported mining facility developed by Phoenix Group in partnership with Ethiopian Electric Power, located at the Bole Lemi Industrial Park in Addis Ababa. The facility is purpose-built for mining operations and future advanced compute workloads, utilizing Ethiopia's stable and low-cost hydropower grid for carbon-neutral operations.

Status
Under Construction
Sector
Power Generation (CCGT), Manufacturing (Industrial), Hydro, Government
Location
Addis Ababa, Ethiopia
Updated
22 Jul 2026
Source
Dubai Week

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The project “30MW Hydropower Mining Facility in Ethiopia” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Addis Ababa, Ethiopia. Taiyo aggregates data on it from Dubai Week.

Participants

Sponsoring Agency

Status

Original status

operational

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A 30MW hydropower-supported mining facility developed by Phoenix Group in partnership with Ethiopian Electric Power, located at the Bole Lemi Industrial Park in Addis Ababa. The facility is purpose-built for mining operations and future advanced compute workloads, utilizing Ethiopia's stable and low-cost hydropower grid for carbon-neutral operations.

Original sector

Energy and Digital Infrastructure

Location

Country

Ethiopia

City

Addis Ababa

Source

Source

Dubai Week

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Manufacturing (Industrial), Hydro, Government

Article published date

2025-11-08

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