| Work Detail |
The initiative falls under the West African country’s Energy Transition and Investment Plan (ETIP) Construction on the first phase of a 40MW solar plant in Ghana is expected to begin in the latter half of 2025, after the COVID-19 pandemic had delayed its progress. The solar project at Sege in the Greater Accra Region is near the Dawa Industrial Zone, which is earmarked to benefit from the renewable energy project. Ghana’s Energy Transition and Investment Plan (ETIP) outlines a clear pathway for achieving net-zero energy-related carbon emissions by 2060 through the implementation of low-carbon solutions across key sectors. Processes on track for solar project in Ghana Danish renewable energy company Renergy Solar said after overcoming delays caused by COVID-19 related lockdowns in 2020, it is in the process of renewing all regulatory and statutory commitments necessary to start construction at the Sege project site. Speaking to the Ghana News Agency (GNA) towards the end of December 2024, the company’s CEO Mads Vestergaard Sorensen, confirmed that construction of the first 20MW phase is expected to start this year, with the second phase to follow after. Commenting on the strategic location of the project, Sorensen said: “We are very close to the high-voltage and distribution lines in Sege, making it easy to connect to the grid. “As part of our planning, we have completed grid studies, environmental assessments and technical evaluations. We are finalising the documentation required, including the off-take agreement, to ensure a smooth project launch.” The company is anticipating financial close during the first half of 2025, with engineering work expected to start toward the end of 2025, pending the completion of all preparation work, he told GNA. Private partnerships key to unlocking Ghana’s renewable energy potential Director of Renewable Energy at the Ministry of Energy, Seth Mahu, highlighted the critical role of international investors in supporting the country’s energy transition. He said the measures outlined in the ETIP represent a $550 billion opportunity for international investors to contribute to sustainable development in Ghana and have the potential to create at least 400,000 jobs. According to GNA, Ghana’s electricity access rate stands at 86.63%. This equates to nine out of 10 urban residents and five out of 10 rural residents connected to the national grid. The Ministry of Energy aims to harness 10% of the country’s renewable energy resources “to consolidate energy security and meet the UN’s SDG 7 by 2030.” |
