
Audio By Carbonatix
Dr. Joe Oteng Adjei, Minister of Energy, has announced that a renewable energy draft bill setting out a feed-in-tariff to ensure guaranteed price for electricity generated from renewable energy sources was before Cabinet.
He told a meeting organised by Afrika Verein in cooperation with Hamburg Chamber of Industry and Commerce and Ghanaian-German Economic Association that the bill could be passed before the end of the year.
A statement issued and signed by Mr. Stephen Antwi, President of the association copied to Ghana News Agency in Accra said the forum dubbed "Ghana Energy Day", was attended by German business entrepreneurs interested in investing in Ghana's Energy Sector.
Dr. Oteng Adjei briefed the meeting about the sector, especially electricity generation, transmission and distribution and pledged government's support to investors in the sector.
In the renewable energy sector, he urged them to invest in the solar panel plants to serve Ghana and the ECOWAS market.
In another development, a delegation of Ghanaian business executives has returned from a week's Solar Energy Trade Mission to Germany, acclaimed the world's leader in renewable energy production.
Most of the German companies visited expressed their desire to invest in Ghana where, compared to Germany, solar radiation is very high.
"They are, however, waiting for the promulgation of the renewable energy law that would set out policy guidelines and address operational issues", the statement said.Source: GNA
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.
Tags:
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.
Latest Stories
-
Bolt rewards outstanding drivers with household appliances, fuel vouchers
2 minutes -
GEPA opens Ghana Trade House in Philadelphia, deepening commercial footprint in USA
11 minutes -
Bill to end witchcraft accusations under consideration—Local Govt Minister
29 minutes -
Calgary University professor leads experts at a free virtual data science and AI conference
35 minutes -
Sentuo Oil Refinery expansion will reduce fuel imports when completed – John Jinapor
36 minutes -
Sahara Group advances energy journalism in Africa with US$5,000 Fellowship
40 minutes -
Christmas market attacker jailed for life for murdering six in Germany
43 minutes -
High Commissioner urges Ghana to look beyond the west for economic solutions
45 minutes -
Ban on ‘takeaway packs’ driven by serious health risks, EPA explains
56 minutes -
Parliament must be guarantor of press freedom – Minority Leader advocates
57 minutes -
Media urged to inform and hold power accountable
1 hour -
Photos: Mahama cuts sod for Phase II of Sentuo Oil refinery expansion
1 hour -
THE LAW 101: Larry’s contempt judgment
1 hour -
Two killed, four injured in head-on collision at Abease on Takoradi highway
2 hours -
AMA deploys truck to clear refuse at Kaneshie Market entrance
2 hours