Tag Archives: Ghana

Keeping Ghana Alight – New Initiatives for Better Solar Coverage

As many African nations continue to evolve their utility coverage and infrastructure, many struggle to establish sustainable conditions and terms for such projects. Ghana’s

Africa Renewable and Solar Developments

Renewable Solar Projects Installation

recent new President Nana Addo Dankwa Akufo-Addo who came into office earlier in Spring 2017, has made clear a new positive agenda to commit to developing solar in the country. His position in a recent State of the Nation address was that it will resume Ghana’s renewable energy program, as well as implementing new initiatives to attract private sector investment in renewable.

The Ghanaian president has also stated that utility Electricity Company of Ghana (ECG) had signed 43 Power Purchase Agreements (PPA) by the end of 2016, and that over 20 more were under consideration. He added that there will be an attempt to enforce a new procurement law for more fair bidding processes, and that many of the countries existing PPA’s u

nder the last government may be under review for reconsideration.

In addition to these new initiatives, in mid-March the country’s Energy Commission launched a rooftop solar programme, originally conceived in 2015, which provides an initial investment to cover the cost of PV panels up to a maximum of 500 W. The Energy Commission aims at installing 200 MW of rooftop PV capacity in the medium term. The programme is to be expanded to cover non-residential facilities including ministries, departments and agencies across the country.

Sources:

MDAs to be connected to solar energy

Ghana’s new government relaunches solar program

GCP Solar appointed as official solar light supplier to Asa Baako Music Festival, Western Region, Ghana – 4 to 6 March 2015

 

 

In UN’s Year of Light, GCP Solar has been appointed the official solar light supplier to the Asa Baako Music Festival in Ghana, 4 March 2015.

In a sign of their commitment to helping reduce energy poverty and provide sustainable light, GCP Solar has partnered with the organisers of Asa Baako Music festival to distribute solar lights and solar mobile phone chargers at the festival over the independence day weekend in Ghana.

Asa Baako was launched in March 2011, in the spectacular fishing village of Busua in Ghana’s Western Region. It was here, where festival organisers from the UK and Ghana, joined together with local residents, to create a 2-day celebration of local arts and culture. Since then, Asa Baako has grown from one stage and a few hundred people, to a programme featuring the now legendary Jungle party, beach parties and a weekend of activities from surfing, art exhibitions, treks, tours, yoga, cinema for an audience of over 2,000 people.

Mr. Kofi Debrah of the Asa Baako organising committee said. “We are delighted to appoint GCP Solar as our sole solar light distributor. It is great that we can provide access to light for the 100 or so of the festival attendees that will be sleeping in tents. Also, there are many more coming from remote villages that also do not have lights.”

Mr. Sidney Yankson, founder of GCP Solar said, “ GCP Solar is happy to support this great festival of music and arts. Our solar light supplier, Nokero, has a distinguished track record in supporting the arts as they supported the Power The World concert a few years back during which Linkin Park performed. GCP Solar is looking forward to developing a long term relationship with the festival.”

About GCP Solar

GCP Solar is a leading solar company in Africa. GCP Solar is a distributor of hand-held solar lanterns and roof top solar systems. Our aim is to provide safe, sustainable and environmentally friendly light solutions to the 400 million people living in Africa without light. In Ghana up to 5 million people (approximately 30% of the population) do not have access to the main power grid.

GCP Solar is a distributor of the Nokero® suite solar products, such as hand held solar lights and mobile phone chargers.

About UN’s Year of Light

On 20 December 2013, the UN General Assembly 68th Session proclaimed 2015 as the International Year of Light and Light-based Technologies (IYL 2015). In proclaiming an International Year focusing on the topic of light science and its applications, the UN has recognised the importance of raising global awareness about how light-based technologies promote sustainable development and provide solutions to global challenges in energy, education, agriculture and health. Light plays a vital role in our daily lives and is an imperative cross-cutting discipline of science in the 21st century.

(Learn more at www.light2015.org)

About Asa Baako

Asa Baako is a music and arts festival in Western Ghana.

(Learn more at www.asabaako.com)

Didier Drogba holding - N200

 

Linkin Park - Power the World

Ghana thinks big on small-scale solar

For almost five decades, hydroelectric power from the Volta region has been Ghana’s energy backbone, while the nascent oil and gas industry has recently risen up the agenda. But solar power could play an increasingly important role.

With over 5 million households off-grid, market potential for solar energy in Ghana is calling investors’ attention to expand mini-grids in rural and peri-urban areas.

Yet, business sustainability and return on investments remain question marks despite the attractive legal framework which followed Ghana’s Renewables Energy Act 2011. To date, modalities to offset feed-in tariffs are still unclear while doubts continue to cast over the capacity of Electricity Company of Ghana (the national electricity off-taker) to pay independent power producers (IPPs).
Some industry actors are however hopeful. Sidney Yankson, CEO of the Africa focused private equity boutique Ghana Capital Partners (GCP), currently developing a 28MW solar power plant (costing $56million), does not deny these arguments but remains strongly confident in advocating for solar. He told Africa Energy that solar energy is becomingly increasingly viable from a financial perspective also in Ghana, “both for commercial and residential purposes. The price of solar PV panels keeps decreasing and the appeal of a reliable energy source, powered by the sun, whose installation price will decrease – unlike the conventional electricity – cannot be underestimated.
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U.S set to invest up to US$498 Million in Ghana’s Electricity Network

Bloomberg announced on 4 August that the U.S is set to invest as much as $498.2 million, over an initial five year period, to improve Ghana’s electricity network. This is part of an effort to encourage private investment and help the West African nation become a regional energy hub.

The Millennium Challenge Corporation is an independent U.S agency focusing on foreign aid, it will provide $308.2 million to enhance generators and power lines in the region. If certain targets are met in Ghana, a further $190 million will be made available, which the government corporation didn’t specify.

Ghana’s President John Dramani Mahama described how “energy is increasingly becoming a constraint to growth in Africa”. He is currently attending the U.S. Chamber of Commerce in Washington. Fifty African leaders have been invited to the White House by Barack Obama to discuss investing into the Sub-Saharan continent. The U.S.-Africa Leaders Summit hopes to unlock opportunities, stimulate growth and create an enabling environment for the next generation in Africa.

Ghana plans to invest $37.4 million of its own fund in the power initiative, which Millennium Challenge said will help generate more than $4 billion in the nations energy sector. These ideals embody the mission of GCP Solar, to help spread sustainable energies and provide energy security to those at the base of the pyramid. Through establishing investments in the energy sector this will hopefully nudge African governments in other areas such as human rights, such as girls, women and gays establishing good governance. Similarly GCP Solar hopes having access to safe lighting will help businesses prosper and enable personal development.

2014-U.S.-Africa-Leaders-Summit-The-White-House

Obama at U.S-Africa Leaders Summit

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