Ethiopia 'requires investment' to advance energy infrastructure
12 January 2011
Ethiopia needs investment if it is to improve its energy infrastructure through hydroelectric power generation.
While it currently has the capacity to provide electric at a cost-effective price, without a foreign outlay the nation will not be able to take advantage of its natural resources, Energy Pulse reports.
It added: "Ethiopia will need to balance the volume of water it will store in their future reservoirs while ensuring ... sufficient volumes of water flow downstream, for the benefit of other nations."
The news provider observed neighbouring nations such as Sudan, Egypt and Somalia will have to sign cooperative agreements in order to copper-fasten any plans.
It continued the feasibility of renewable power generation technologies could be aided by Ethiopia's willingness to allow private companies to set up.
The country is already set to benefit from a deal that will see Chinese firm Goldwind install 34 wind turbines at the Adama wind farm.