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Djibouti awards contract for geothermal plant to Chinese firm

Reported via the Economist, Djibouti has awarded a major contract for the construction of a geothermal power plant to a Chinese firm.

The Djibouti geothermal project has been discussed for years with Icelandic and international players involved in possible development.

Icelandic company Reykjavik Energy Invest in the past planned a 50 MW project in the country. (an old presentation is available via Google/ Quick View, but it is not available directly)

ThinkGeoEnergy reported on this before in October 2011.

Unfortunately no more details area available.

Source: EIU