The price of fuel at the pumps is expected to stabilize for the next pricing-window of the month of May 2020, attributable to some marginal changes recorded on the crude oil and foreign exchange markets, forecast from the Institute for Energy Security (IES) has shown.
According to the energy industry...
US$526m to be invested this year
It will cost more than a billion dollars to upgrade the country’s old-fashioned power transmission infrastructure - some of which account for a majority of power outages, Ghana Grid Company Limited has said.
The company said it will take significant patient investments over a...
As details of the Exxonmobile deal emerge, civil society actors are expressing alarm at the sweeping tax breaks the government of Ghana has granted the oil major, including a ten-year tax holiday which sets aside the five years allowed by the Petroleum Income Tax Act law.
“The law provided that...
To prevent the intermittent shutdown of turbines and power-generating machines as damage control measures against aquatic weeds finding their way into the hydropower plant head pond, the Volta River Authority (VRA) in collaboration with the Ghana Maritime Authority (GMA) has embarked on an initiative to eliminate all aquatic weeds...
French electricity conglomerate EDF, French transnational company Veolia and their local partner CH Group - who have put in a joint bid for the ECG Concession - have rejected the government policy that allocates 51 percent mandatory ownership of the concession to Ghanaian companies.
In a letter dated February 12,...
Minister for Energy Boakye Agyarko has said beginning next year some government institutions will have their power component converted to solar to ease pressure on the national grid.
Government institutions, including the Flagstaff House, Parliament House, Junior and Senior High Schools, are expected to have their power component converted to...
The government has settled almost 90 per cent of the total cost of the 250 Megawatts Ameri power plant procured from UAE-based Africa & Middle East Resources Investment Group.
The Ameri power plant was procured in 2015 by the previous administration when the West African nation was experiencing an erratic...
OBG in research partnership for key energy transition conference
Ghana’s advancing energy transition and the investment opportunities that new developments are producing across the renewables segments topped the agenda at Renpower Ghana 2023, a key industry conference which took place on March 1st at the Labadi Beach Hotel in Accra.
Held...
ZEN Petroleum has participated in the 2021 edition of the Forecourttech Conference in Alicante, Spain, being the only Oil Marketing Company (OMC) operating in Ghana to have taken part in the conference. ZEN’s participation is a crucial step towards bolstering the international standards that have defined its operations and...
– Creating a Leading Pan-African Renewable Energy Solutions Provider
Highlights
• The merged group consists of an installed and contracted portfolio of 520 MW in solar power generation and 60 MWh of battery storage which, collectively, have led to a carbon offset of more than 360 000 tonnes of CO2.
• It...