
Audio By Carbonatix
Public institutions in Ghana will soon start using solar power, Vice President Dr Mahamudu Bawumia has said.
Dr Bawumia said cabinet has given the go-ahead for all public institutions to move from the national grid to solar power.
This move is aimed at reducing the overburden debt of government on the Electricity Company of Ghana.
Speaking at the 4th Ghana Renewable Energy Fair in Accra, he noted that feasibility studies is underway for the commencement of the project.
“The government has always found itself in a situation where it spends so much power but struggles to pay for ECG to run,” he said.
As of 2016, the government’s total debt owed the ECG amounted to GH₵728 million forcing the country to issue a 7 to 10-year ESLA bond to service the energy sector debt.
Despite this intervention, it appears, the government remains the biggest debtor to the Electricity Company of Ghana.
The new move by the government to migrate all public institutions unto solar power is therefore to reduce the burden on ECG.
It is not yet known how much the whole project is going to cost the state or even the timeline for the start of the project.
The project when implemented would see the installation of solar panels at all states institutions across the country.
Dr Bawumia is optimistic that the move will reduce the cost of operations on the ECG.
“The programme will be cost effective as compared with government’s expenditure on producing grid for the generational mix.
The state will no longer become a burden on the power distributor because we provide our own power from the natural resources, in this case, the sun and make use of it without any bill payment” he noted.
The theme for this year's Renewable Energy Conference and Fair is Renewable Energy: exploiting energy resources at the district level.
Latest Stories
-
Ecobank joins The Build Project as official financing partner
23 minutes -
An open letter to the President: The excavators are back…
31 minutes -
When the flood receives your home address
53 minutes -
Oil prices gain as focus shifts to supply recovery and demand
4 hours -
Israeli police officer filmed throwing stun grenade into car in West Bank
4 hours -
Charlie Kirk’s family attends hearing for suspect charged with his murder
4 hours -
Frenchman convicted of 2020 murder of wife confesses from jail
4 hours -
Prince Harry begins his UK visit with court verdict
4 hours -
AI chip boom lifts Samsung profits by 1,800%
5 hours -
India orders Meta to remove ads promoting child sexual abuse
5 hours -
Amazon bars breastfeeding boss from business course
5 hours -
Brentford set to sign Wilson after West Ham exit
5 hours -
Neymar says Brazil career over after Norway defeat
5 hours -
PM Keir Starmer intervened in row over Mexico-England kick-off time
5 hours -
Tottenham seal £100m move for Newcastle’s Tonali
6 hours