Denmark Invests in African Wind Energy Development

Image: PixabayImage: Pixabay
The Danish Government has approved a Danish co-financing of for the construction of a 100 MW wind farm close to Ethiopia's capital Addis Ababa.
Denmark, finances, wind farm, Africa, Ethiopia

Large-scale investment by the Danish government in African wind energy

Official Press Release Danish Government:

With a commitment of 600 million DKK, the government has made an extraordinarily large investment in the development of wind energy in Africa.

Minister for Development Cooperation Ulla Tørnæs has approved a Danish co-financing of 600 million DKK for the construction of a wind farm up to 54 turbines, or 100 MW, close to Ethiopia's capital Addis Ababa. The total investment in the wind farm amounts to 1.26 billion DKK, of which Danida Business Finance contributes 600 million DKK. The project will be tendered among Danish companies. "The private sector’s... ... More: Official Press Release Danish Government

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