Toshiba to Work With Djibouti to Develop Geothermal Power

DJIBOUTI, Capital Markets in Africa: Toshiba Corp., the world’s biggest supplier of geothermal  turbines, plans to work with the government organization responsible for   developing geothermal power in Djibouti, to promote the energy source.

The Tokyo-based company and the Office Djiboutien de Developpement de  l’Energie Geothermique, or ODDEG, signed a memorandum of understanding to   develop the African country’s geothermal resources and provide training for   plant workers, Toshiba said in a statement Tuesday.

Toshiba will help ODDEG put together guidelines for plant operation and  management and for developing and supplying generation systems, according   to the statement.

 Djibouti, which currently relies on thermal power plants at home and hydro   electricity from Ethiopia, has plans for about 50 megawatts of geothermal   power projects, according to the statement.

Toshiba has supplied equipment for projects in countries such as the U.S., the  Philippines and Iceland, the company said in the statement. In December,   Toshiba concluded a similar agreement with Tanzania Geothermal Development.

Source: Bloomberg Business News