Undoubtedly, a number of Russian companies have largely underperformed in Africa, which experts described as primarily due to multiple reasons. Most often, Russian investors strike important investment niches that still require long-term strategies and adequate country study. Grappling with reality, there are many investment challenges including official bureaucracy and...
SNV Ghana has organised a closeout event for its Renewable Energy Development and Acceleration Project (REDAP) in Accra. The event brought together key stakeholders in the renewable energy ecosystem in Ghana, and sought to promote wider project visibility, share results achieved and engage with relevant stakeholders to mobilise continuous...
Technical and commercial losses of about GH¢3.2billion are threatening the future of state-owned power utility, Electricity Company of Ghana (ECG) and the electricity value chain, says Energy Minister Dr. Matthew Opoku Prempeh.
The company’s losses in current exchange terms amounts to over US$400million and stem from power theft, malfunctioning metres,...
Environmental tariffs may be humanity’s last hope for mitigating climate change, which is on course to become increasingly devastating if we do not curb our greenhouse-gas (GHG) emissions.
The most straightforward way to confront this unprecedented global threat is through a multilateral agreement that locks in a ‘green transition’ in...
Energy experts at the Africa Energy Conference 2022 have advised the African Continent Free Trade Area (AfCFTA) members to come together in order to create a competitive front in nuclear power, which has become the new energy wave for industrialisation.
Speaking on the theme ‘Sustainability and the Role of Nuclear...
The “energy transition” from hydrocarbons to renewables and electrification is at the forefront of policy debates nowadays. But the last 18 months have shown this undertaking to be more challenging and complex than one would think just from studying the graphs that appear in many scenarios. Even in the...
Bui Power Authority (BPA) recorded an annual electricity generation of 1,547 GWh in 2022, the highest since it commenced commercial operations.
This resulted in a 50.48percent increase in net evacuation to the National Integrated Transmission System compared to the previous year.
The increase in generation boosted the company’s revenues by 44percent,...
Puma Energy Ghana, a leading energy company, reiterated its commitment to enabling access to energy - and specifically clean cooking solutions - when U.S. Environmental Protection Agency (EPA) Administrator Michael S. Regan visited its affiliate LPG (liquified petroleum gas) bottling facility.
The visit, attended by Mr. Michael S. Regan, Second...
Renewable energy offers a clean and sustainable future for Ghana and Africa in a post COVID-19 world, Raymond Nuworkpor, Research and Policy Analyst at the Institute for Energy Security (IES), has said.
“It is the resilience of renewables to the COVID-19 pandemic, combined with the falling cost of power generation...
...but says special funding mechanism required
While electricity tariffs from conventional generation sources will continue to rise, the cost of renewable energy, particularly solar, is declining and becoming an increasingly competitive alternative for businesses, an expert has observed.
According Kwabena Otu-Danquah, Technical Expert at GFA Consulting Group, tariffs from conventional sources...