In a major boost for Ethiopia’s renewable energy ambitions, Chinese manufacturing giant Huajian Group has committed $100 million to establish a solar energy production and export hub within the Geda Special Economic Zone.
The agreement was officially signed on Monday between Motuma Temesgen, Director General of the Geda Special Economic Zone Authority, and Zhang Huarong, Executive Chairman of Huajian Group. The move is part of Ethiopia’s broader strategy to attract investment in clean energy and industrial manufacturing.
Speaking at the signing ceremony, Motuma highlighted the government’s efforts to create a favorable investment environment, citing ongoing infrastructure developments such as electricity, road access, and water supply tailored to investor needs in the zone.
“The Geda Special Economic Zone is not just about land—it’s about creating a space where productive investments in key sectors like energy can flourish,” he said.
Huajian’s Chairman Zhang Huarong praised Ethiopia’s recent macroeconomic reforms, noting that the improving business climate played a key role in the company’s decision to expand operations. “We are committed to starting production within three months and ensuring high-quality output for export markets,” he said.
The company has already been allocated land in the zone and plans to begin groundwork immediately. Once operational, the facility is expected to contribute to Ethiopia’s green energy goals and support export diversification, while also creating jobs in the local economy.
This investment marks Huajian’s latest expansion in Ethiopia, where the firm has previously been active in the leather and footwear industries. The company’s move into renewable energy aligns with Ethiopia’s push to position itself as a regional leader in sustainable industrial development.