What is the latest status of the project “Tulu Moye Geothermal Project”?

The status recorded for “Tulu Moye Geothermal Project” is Ongoing.

What is the budget and commercial profile for the project “Tulu Moye Geothermal Project”?

Taiyo normalizes the budget of “Tulu Moye Geothermal Project” to USD 117500000.

Where can I verify the source and access all details for “Tulu Moye Geothermal Project”?

This Taiyo project page references Africa Oil+Gas Report along with the original URL (https://africaoilgasreport.com/2025/05/energy-transition/east-africas-geothermal-energy-politics-of-illusions-opportunities-and-optimism/). Taiyo standardizes official data into a consistent, searchable project profile.

Tulu Moye Geothermal Project

Sector: Geothermal • Location: Ethiopia

Source: Africa Oil+Gas Report

Project

Ongoing

The Tulu Moye Geothermal Project in Ethiopia involves the development of a 150-MW geothermal power plant, with Phase 1 generating up to 50 MW. The project is backed by significant financial guarantees from the Multilateral Investment Guarantee Agency of the World Bank.

Status: Under Construction
Sector: Geothermal, Oil and Gas, Power Generation (CCGT)
Location: Ethiopia
Updated: 22 Jul 2026
Source: Africa Oil+Gas Report

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Project Information

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The project “Tulu Moye Geothermal Project” is an infrastructure initiative in the Geothermal sector, located in Ethiopia. Taiyo aggregates data on it from Africa Oil+Gas Report.

Participants

Not available for this record.

Status

Original status	Ongoing
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Tulu Moye Geothermal Project in Ethiopia involves the development of a 150-MW geothermal power plant, with Phase 1 generating up to 50 MW. The project is backed by significant financial guarantees from the Multilateral Investment Guarantee Agency of the World Bank.
Original sector	Energy
Budget

Location

Country

Ethiopia

Source

Source	Africa Oil+Gas Report
URL

More Details

Record type	Project
Sector	Geothermal, Oil and Gas, Power Generation (CCGT)
Article published date	2025-05-20

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