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Ethiopia is poised to receive a $1. 75 billion injection from five Chinese companies that plan to build solar-cell factories and explore the country's vast mineral reserves. Shanghai-listed CSI Solar, majority-owned by Canadian Solar Inc., will inject $250 million into a new. . On October 23rd, the first phase of the off-grid solar project in Ethiopia constructed by China Electric Power Equipment & Technology Co. won the "Small is Beautiful" International Energy Cooperation Best Practice Award at the 3rd "Belt and Road" Energy Ministers' Meeting. The agreements, announced by government authorities, reflect increasing global interest in Ethiopia's. . Ethiopian Prime Minister Abiy Ahmed is steering the nation toward industrialization, with $1. 03) per kilowatt-hour (kWh). .