Clean Technology Fund (CTF)

institution 3 mentions

Climate finance

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Projects

Tulu Moyo geothermal power plant project

Ethiopia's first independent power producer (IPP) geothermal project, aiming to generate 50 MW of electricity. It includes the construction of transmission lines and a substation.

planned 1 mention

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Often mentioned with · Technologies

Concentrated Solar Power (CSP)

A technology that uses solar panels situated around a large central structure, acting as a magnifying glass to direct sunlight to these panels, thereby generating more electricity.

Molten Salt Thermal Energy Storage (TES)

A technology used for storing thermal energy in molten salts, enabling the capture and release of heat for various applications, including power generation.

Geothermal energy

Renewable energy source that experienced increased production in 2010 alongside solar and wind.

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Often mentioned with · Locations

Northern Cape Province

Northern Cape Province

Often mentioned with · Projects

A program by the European Bank for Reconstruction and Development and the Clean Technology Fund to support the adoption of renewable energy and clean technologies, specifically aiming to develop five new geothermal sites in Turkey.

planned 1 mention

A concentrated solar energy project in South Africa's Northern Cape Province using concentrated solar thermal technology with thermal oil heat transfer and molten salt thermal energy storage.

under construction 1 mention

Tulu Moyo geothermal power plant project

Ethiopia's first independent power producer (IPP) geothermal project, aiming to generate 50 MW of electricity. It includes the construction of transmission lines and a substation.

planned 1 mention

Often mentioned with · Facilities

Often mentioned with · People

In the news (3)

Ethiopia’s first independent geothermal power plant project secures funding

6 years 1 month ago

The CTF is one of two funds from within the Climate Investment Funds (CIF). It has provided a $10 million concessional senior loan for Ethiopia's Tulu Moyo geothermal power plant project, making it the first Independent Power Producer (IPP) using geothermal energy in the country.

Geothermal energy to expand in Turkey

10 years 5 months ago

This fund, in partnership with the European Bank for Reconstruction and Development, has invested $125 million into Turkey's geothermal energy sector through the PLUTO program.

Xina solar energy project wins more funding

11 years 10 months ago

Co-financier of the Xina concentrated solar project.

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