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Bui Power Authority records US$66.2m profit as solar expansion boosts 2025 performance

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The Bui Power Authority (BPA) recorded a net profit of US$66.2 million in the 2025 financial year, following improved energy generation and expansion of its renewable energy capacity.

The Authority generated revenue of US$145.9 million during the year, with total energy output reaching 1,438GWh, exceeding its projected target of 1,350GWh by 6.5%.

Chief Executive Officer of BPA, Ing. Kow Eduakwa Sam, announced the figures at the Authority’s 2025 Annual Stakeholders Meeting held at BPA Heights in Accra.

He said the Bui Hydroelectric Plant maintained an average availability rate of 95%, reflecting the reliability of the Authority’s main generation asset.

According to him, despite leadership changes at the Ministry of Energy, the BPA Board and Executive Management during the year, the Authority maintained operational stability and continued implementing its strategic plans.

Mr Sam said BPA increased its installed Solar Photovoltaic (PV) capacity from 55MWp to 105MWp in 2025, strengthening its renewable energy portfolio alongside its 404MW hydropower capacity.

Hydropower remained the Authority’s dominant source of generation, producing 1,339GWh, representing 97% of total energy generated during the period.

He added that feasibility studies for proposed hydropower projects on the Tano, Pra and Ankobra rivers also made significant progress.

The Authority continued investments in infrastructure projects to support future expansion.

At the Bui Generating Station, Phase One of the Staff Accommodation Project reached 97% completion, while Phase Two achieved 51% completion.

The staff accommodation and five-kilometre access road project linked to the Yendi Solar PV Project also reached 75% completion.

BPA also advanced its digital transformation efforts through cybersecurity risk assessments, development of a Cybersecurity Solutions Roadmap, rollout of the BPA WorkPoint corporate intranet, and completion of its Corporate Data Centre and Disaster Recovery Infrastructure Project.

Despite the positive financial results, the BPA Chief Executive highlighted challenges affecting the Authority’s expansion plans.

He said cash flow remains constrained due to high outstanding receivables owed by the Authority’s major off-taker.

“This challenge,” he noted, affects BPA’s ability to fully finance its growth agenda and support critical operational activities.

The Authority also maintained its social investment programmes in communities affected by and hosting its operations.

Among the interventions were the award of 29 new tertiary scholarships and the organisation of the “TechQueens” Summer Camp, which trained 50 girls in foundational skills in information and communication technology, artificial intelligence and robotics.

Looking ahead, Ing. Sam said BPA will focus on plant maintenance, improving operational efficiency and expanding its renewable energy projects.

The Authority expects to add about 100MWp of Solar PV capacity, increasing its operationalised solar capacity to approximately 205MWp.

As part of Ghana’s Green Transition agenda, BPA also plans to develop 300MWp of dispatchable Solar PV Plants integrated with large-scale Battery Energy Storage Systems (BESS), targeted for completion by the end of 2028.

“Guided by its Vision, Mission and Core Values, BPA remains committed to innovation, operational efficiency, financial sustainability and the continued delivery of long-term value to its stakeholders,” Mr Sam said.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.