Bridge Power Project receives parliamentary approval, signs PPA with ECG

The Early Power consortium has  received parliamentary approval from the government and subsequently signed a 20-year power purchase agreement (PPA), which includes a 5-year extension option, with the Electricity Corporation of Ghana (ECG) for the 400 megawatt (MW) greenfield Bridge Power ... — Read More

Gov’t must save Power SOEs and banks

Government’s indebtedness to State-Owned Enterprises (SOEs) in the power sector, who in turn owe banks, poses a real and present danger to the economy and must be tackled immediately, Dr Eric Osei-Assibey of the Department of Economics, University of Ghana, has ... — Read More

Power firms in GH¢19bn maze of debt

Government’s efforts to address the debt position of four key state-owned enterprises in the energy sector has left the International Monetary Fund (IMF) flummoxed as to how the debt restructuring strategy will absolve the companies from plunging themselves in future debts. ... — Read More

Gas supply disruption could deepen VRA’s woes - Buah

The continuous disruption of gas supply to the Volta River Authority (VRA) could further hamper ability of the main power generator and supplier to pay its mounting debts, says Mr Emmanuel Armah-Kofi Buah, Minister of Petroleum.Gas suppliers and transporters to Ghana ... — Read More

Power challenges: We are not safe yet-Awotwi

Former Volta River Authority (VRA boss), Kweku Andoh Awotwi, has said the country is not ‘home and dry’ as far as the power supply situation is concern.According to Mr. Awotwi: “What we need is the generation in the system. There is ... — Read More

Power sector Master Plan in the works

Government, with the help of USAID, has begun the process of developing a comprehensive master plan which seeks to permanently address the power challenges the country has been going through over the years.USAID is supporting the development of the master plan ... — Read More

Solar firm seeks to make Ghana manufacturing hub

Following the successful manufacture and installation of its first solar kiosk in the country, Solarkiosk AG, a German company, says it intends to make the country a manufacturing hub of solar energy in the sub-region.“Our plan is for Ghana to become ... — Read More

ECG Compact can be reviewed—US Ambassador

The United States Ambassador to Ghana, Robert P. Jackson, has said the 25-year private sector participation in the ECG “can be reviewed,” as he allayed fears by workers of the company that they would lose their jobs.In an interview with the ... — Read More

WACEE has made huge impact--AHK Delegate

Mr. Patrick Martens, Delegate of German Industry and Commerce in Ghana (AHK Ghana), says Ghana has seen much investments in renewable energies since the commencement of the annual West African Clean Energy & Environment Exhibition Conference (WACEE) in 2012.He said many ... — Read More

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