What is the latest status of the project “Daewoo Aysha Wind Farm”?

The status recorded for “Daewoo Aysha Wind Farm” is Active.

Who are the main government, EPC, and private stakeholders for “Daewoo Aysha Wind Farm”?

Taiyo maps the stakeholders of “Daewoo Aysha Wind Farm”: government bodies (World Bank Group), EPCs/contractors (DeWind Energy, Daewoo Corporation).

What is the budget and commercial profile for the project “Daewoo Aysha Wind Farm”?

Taiyo normalizes the budget of “Daewoo Aysha Wind Farm” to USD 120000000. The procurement structure is Public-Private Partnership (PPP).

Where can I verify the source and access all details for “Daewoo Aysha Wind Farm”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/daewoo-aysha-wind-farm-6528). Taiyo standardizes official data into a consistent, searchable project profile.

Daewoo Aysha Wind Farm

Sector: Raw Materials • Location: Ethiopia

Source: World Bank Group

Project

Active

DeWind Energy PPP (a subsidiary of Daewoo) was a partnership set up to build and operate a 300 MW wind farm to be located in Aysha, Ethiopia. The project was designed as a PPP, however the actual structure of the deals were not released.

Contractual details were not released, but it was clear that the project would sell power to the Ethiopian state utility, EEPco. Equipment was supplied by Xinji

Status: Prospective
Sector: Raw Materials, Wind, Power Transmission, Government, Power Generation (CCGT), Commercial
Location: Ethiopia
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Daewoo Aysha Wind Farm” is an infrastructure initiative in the Raw Materials sector, located in Ethiopia. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency
Company

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	DeWind Energy PPP (a subsidiary of Daewoo) was a partnership set up to build and operate a 300 MW wind farm to be located in Aysha, Ethiopia. The project was designed as a PPP, however the actual structure of the deals were not released. Contractual details were not released, but it was clear that the project would sell power to the Ethiopian state utility, EEPco. Equipment was supplied by Xinjiang Goldwind Science & Technology (SHE:002202; HKG:2208), from China. Total project cost of the 60 MW phase 1 of the project was estimated at USD 120 million, but it was unclear as to whether the project had indeed reached financial close. Project commissioning was projected for 2012. http://www.windpowerintelligence.com/article/z6NfazWlXs/2011/08/23/ethiopia_60mw_of_aysha_wind_farm_to_come_online_next_year/
Original sector	Energy
Procurement method
Budget

Location

Country

Ethiopia

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Raw Materials, Wind, Power Transmission, Government, Power Generation (CCGT), Commercial
Article published date	2024-09-28

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Daewoo Aysha Wind Farm

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