“Ethiopia is an extremely dynamic market, which is why we have come here to Addis Ababa, following the launch of Res4Africa last year in Kenya.”
Ethiopia is the second most populous country in Africa, after Nigeria, with one of the lowest electrification rates, conditions that make it a promising area for growth.
Enel Green Power has already begun to develop considerations regarding solar, and also shows interest in exploring the potential of other renewable sources, especially geothermal, an asset of Ethiopia.
A 360-Degree Discussion
Many topics were addressed on the stage in Addis Ababa. Some examples include political and regulatory arrangements and investments, financial solutions and business models, technological and technical problems, industrial development, the construction of capacity and the technical skills needed to meet the Africa’s demand for energy. Various EGP speakers participated: Valentino Rossi, Head of Business Development, spoke about the “de-risking” of investment tools in renewable energy plants. Michele Porri, Head of Business Development Africa, participated in a debate about the legal and financial aspects of the first solar auction programme in Ethiopia. Manuele Battisti, Head of Business Development East Africa, moderated a roundtable discussion on the development potential of wind energy in eastern Africa. On the second day, Anna Paola Minervini, Head of Regulatory Affairs Sub Saharan Africa, Asia and Australia spoke about the innovative and sustainable decentralized energy solutions as an efficient instrument to promote electricity access in remote and low load density areas.