Audio By Carbonatix
The country would by the middle of next year add 155 megawatts of power to the national grid in a bid to improve Ghana's energy stock.
It will be the biggest solar project in Africa when completed.
This was disclosed by managers of a solar facility, Mere Power Nzema, at a workshop in Accra, Friday.
The Mere Power Nzema with its parent company in UK, Blue Energy are to begin the construction of the solar plant from September this year.
The completion of the project would come as a great relief to Ghanaians especially at a time when the country is going through some energy crisis.
Developers of the project are hoping to provide solar power to over 100 thousand homes.
Director at Mere Power Nzema, Doug Coleman told Joy Business' George Wiafe they were encouraged to invest in Ghana because of the regulatory environment.
"Investing in Ghana is an interesting opportunity primarily because government has shown ready support for the growth of renewable energy.
"The put laws and procedures in place to support it. There is an open and transparent regulatory regime which investors can understand and recognise," he said.
Blue Energy a UK based renewable company say they are hoping to spend 350 million dollars on the project. According to the company this would be the biggest solar project in Africa.
Latest Stories
-
Accra Turf Club to hit the streets over Race Course demolition
7 minutes -
Ashanti GJA launches 2025 regional media awards to celebrate excellence in journalism
10 minutes -
From doubt to delight: Prang mother who thought GH¢1m win was a scam now celebrates
10 minutes -
Energy Ministry says proposed private sector participation in ECG is not privatisation
11 minutes -
Sparrow Studios, OldFilm Productions launch three movies for Ghana at 70
15 minutes -
Mahama is doing well – UT Bank founder Prince Kofi Amoabeng pledges support
15 minutes -
All 6,300 GES staff recruited without clearance have been paid – Finance Ministry
31 minutes -
Akwaboa chiefs decry health and economic impact of deplorable roads in the area
37 minutes -
Local Government Minister inspects Aayalolo buses at Madina, Achimota and Kinbu
48 minutes -
President Mahama raises concern over exodus of Ghana’s young talents
50 minutes -
TUC challenges government’s distinction between PSP and ECG privatisation
1 hour -
Gov’t to continue engaging TUC in good faith over ECG privatisation – Energy Ministry
1 hour -
Mahama calls for stronger support for women’s football
2 hours -
The 24-hour economy and Ghana’s MSMEs: A strategic roadmap for inclusive industrial transformation
2 hours -
Mahama raises concern over refereeing as Medeama, Nations FC receive support
2 hours