It looks like risk mitigation of exploratory geothermal drilling is on. EU nations are providing 50m euros to cover up to 40% of exploratory drilling in the African Rift for geothermal. The facility is open to companies drilling in the region and is intended to reduce the risk exposure of those companies to potential failure. There are also incentives for successful implementation within 18mths of drilling ...
http://www.africanbrains.net/2012/02/18/east-africa-new-facility-brings-clean-and-reliable-energy-to-eastern-africa/
Add to My Watchlist
What is My Watchlist?