Ethiopia is on the cusp of achieving a remarkable milestone in renewable energy, with the country's Minister of Planning and Development, Fitsum Assefa Adela, announcing that Ethiopia is close to generating 100% of its electricity from renewable sources.

The country's installed generation capacity is currently comprised of 90% hydropower, 8% wind, and 2% thermal sources, making it a leader in renewable energy in Africa. This achievement is a testament to the government's initiatives to electrify all regions, particularly in rural areas, utilizing solar, wind, and solar-powered irrigation.

According to the International Trade Administration, Ethiopia has abundant renewable energy resources, with the potential to generate over 60,000 megawatts (MW) of electric power from hydroelectric, wind, solar, and geothermal sources. This energy stability assures that power costs remain steady, which benefits consumers, companies, and industries.

However, despite this achievement, there is still more work to be done. The International Trade Administration revealed that Ethiopia's current 5,200 MW of installed generation capacity reaches less than 60% of the country's population. As energy demand rises, Ethiopia's tremendous renewable potential offers a long-term solution for meeting future electrical demands.

Ethiopia's dedication to renewable energy also has a significant impact on the environment. Renewable energy sources, unlike fossil fuel-based power generation, produce no CO2, making Ethiopia one of the least polluting countries in terms of electricity generation. This helps battle climate change by drastically lowering greenhouse gas emissions.

The country's reliance on renewable energy also minimizes its reliance on imported fossil fuels, insuring it against global energy price swings. This energy independence is a significant advantage for Ethiopia, particularly in a region where energy security is a major concern.

In addition to its renewable energy initiatives, the Ethiopian government is also making strides in water conservation. The minister highlighted initiatives to save large river basins like the Nile, which is critical for the country's agricultural sector.

Overall, Ethiopia's achievement in renewable energy is a significant milestone, not just for the country but for the entire African continent. As the world transitions to a more sustainable energy future, Ethiopia is setting a new standard for renewable energy in Africa.