The Ethiopian Parliament this week granted its final approval for the loan agreement signed by Ministry of Finance and Danske Bank for financing for the 100 megawatts Assela Wind Farm Project. This marks the end of financial negotiations and the beginning of the execution phase of the Assela Wind Farm, financed by the Danish government. As a capacity development, Ethiopia will also learn and benefit immensely from Danish wind energy companies in terms of generation and operation of wind energy,” said Dr. Seleshi Bekele, Minister of Water, Irrigation and Energy, MOWIE. The signing of the loan agreement for construction of the Assela Wind Farm Project affirms the strong Ethiopian-Danish cooperation in the energy sector. The contracting amount for the Assela Wind Farm Project amounts to approx.

Source: Ethiopian News September 27, 2020 17:02 UTC