Ghana has signed a US$69.88 million renewable energy agreement to enhance electricity access in the next four years.
Under the agreement, about 6,890 households, 6,001 Small and Medium-sized Enterprises (SMEs), and 6,890 public buildings will be connected to electricity.
About 1,350 schools and 500 health centres would also benefit from the project, which would include the design, engineering, supply, construction, installation, testing, and commissioning of mini-grids and standalone systems. Seventy communities across nine Island districts through mini-grids, 505 communities in 11 districts through standalone solar photovoltaic (PV) systems in the country.
The Finance Minister, Mr Ken Ofori-Atta with the President of the African Development Bank (AfDB) Group, Dr Akinwumi Akin Adesina signed the agreement.
“The project fully aligns with the government’s overarching ambition of increasing the contribution of renewable energy in the generation mix to 10 percent by 2030 while achieving our mission reduction targets,” Mr Ken Ofori-Atta said during the agreement signing.
Dr Adesina declared “the project will facilitate the self-sufficiency of Ministries, Department and Agencies (MDA’s), through rooftop solar power generation and storage under the net metering component”