The economic shock experienced by most economies caused by the coronavirus (Covid-19) pandemic can have widespread and dramatic effect on investments in the energy sector. The baseline expectation for 2020 is a widespread global recession caused by prolonged restrictions on mobility and social and economic activity. With a gradual...
Axcon Energy Limited has kicked off construction of Appolonia City’s first solar power plant,  which will bring 5MW of renewable energy to homeowners and businesses within Greater Accra’s new city. The solar plant, located in Appolonia Industrial Park, provides additional capacity to Appolonia City’s dedicated power substation. “The new solar plant...
As nations worldwide continue to embrace the concept of waste as a resource to cherish and not to discard, Ghana is also coming up with initiatives that will not only improve the sanitation situation, but also contribute to sustainable industrial development. One such initiative is the Hybrid Waste to Energy...
Bui Power Authority (BPA), has hinted that work is on-going steadily to add one million watts/one megawatts (1MW), of another renewable energy project to the national grid. According to the Authority, the 1MW Floating Solar PV system, constructed on the Bui Dam reservoir, that is to be add it to...
Lifting the ban on renewable energy Power Purchase Agreements (PPAs) would be a major hurdle removed, to allow for the explosion of renewable energy projects and initiatives in Ghana, for purposes of de-carbonization, cost-efficient energy supply, and for economic recovery and growth post Covid-19. It would be recalled that government...
The newly constituted board of GOIL Company Limited (GOIL) has said it will prioritise growing the firm's profit by strengthening proper systems, efficiency while reducing waste. GOIL’s profit after tax in 2020 dropped to GH¢90.03 million down by 14.5 percent compared to the previous year’s GH¢105.5million. But the new board, chaired...
Justice Ohene-Akoto, an engineer and researcher, has been nominated for the innovation project of the year and the digitalisation project of the year at the Ghana Energy Awards 2021. The awards gala will take place on 19th November, 2021 in Accra under the theme, “Digitalised Energy Sector: The Key for...
Many people associate technologies like solar and wind power with efforts to tackle climate change. But for the world’s most vulnerable populations, they are much more than a clean-energy solution. By creating jobs, improving health, and increasing social mobility and gender equality, they build a path to a more...
as PURC readies to announce new rates Any significant utility tariffs hike could erode efforts to boost local businesses’ competitiveness and recovery from the economic crisis, says the Association of Ghana Industries (AGI) and Ghana National Chamber of Commerce and Industry (GNCCI). The Public Utilities Regulatory Commission (PURC) has...
Energy economists have made a strong case that it is time for Africa to own its resources and determine their use for the benefit of its citizenry and the continent at large. The experts also argued that the continent must develop a holistic approach toward harnessing resources, especially in the...