Renewable Energy Capacity Doubles

Renewable Energy Capacity Doubles

Ghana has doubled its renewable energy capacity with the commissioning of several new solar and wind power projects, moving the country closer to its renewable energy targets.

New projects commissioned:
- 100MW solar plant at Kaleo
- 50MW solar plant at Lawra
- 50MW solar plant at Bui
- 100MW wind farm at Ada
- 20MW biomass plant at Nasia

Total new capacity: 320MW

Previous capacity: 200MW (mainly hydro from Akosombo and Kpong dams)

New total: 520MW renewable capacity

Energy mix now:
- Hydro: 1,580MW
- Thermal: 2,500MW
- Solar: 220MW
- Wind: 100MW
- Biomass: 20MW

Progress toward targets:
- Renewable target: 10% by 2030
- Current: 10.2% (target achieved early!)
- New target: 20% by 2035

Investment:
- GHS 5 billion total investment
- Created 3,000 jobs
- Technology transfer
- Local content development

Benefits:
- Reduced carbon emissions
- Diversified energy mix
- Reduced fuel imports
- Stable electricity prices
- Rural electrification

Projects developed by:
- Volta River Authority (state)
- Bui Power Authority (state)
- Private independent power producers
- Chinese companies (investment)

The success has been attributed to supportive policies including feed-in tariffs, tax exemptions for renewable equipment, and streamlined licensing processes.

Ghana is now positioning itself as a renewable energy leader in West Africa, with potential to export surplus power to neighboring countries.
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