Page 9 - AfrElec Week 05 2022
P. 9

AfrElec                                       INVESTMENT                                             AfrElec




       AfDB provides $27.39mn





       grant to support Ghana’s





       development of mini-grids





        GHANA            GHANA is a beneficiary of a $27.39mn African  economic transformation,” said Eyerusalem
                         Development Bank (AfDB) grant for the devel-  Fasika, AfDB country manager for Ghana.
                         opment of a mini-grid and solar photovoltaic   “It has the potential to create jobs, fundamen-
                         (PV) net metering project, which should gener-  tally expand access to businesses and bring pros-
                         ate 111,361 MWh of electricity, corresponding to  perity to Ghanaians.”
                         an installed capacity of 67.5MW of power.  The project is expected to mitigate green-
                           The project will include the development of  house gas (GHG) emissions of 0.78mn tonnes
                         35 mini-grids, standalone solar PV systems in  of CO2 equivalent per year, while creating up
                         400 schools, 200 units in healthcare centres and  to 2,865 jobs during construction, out of which
                         100 units for community energy service cen-  30% will target women and youth.
                         tres in the Volta region, the AfDB said in a press   In view of the numerous challenges that the
                         release on February 1.               energy sector of Ghana has suffered, including
                           It would also involve the deployment of  the erratic power supply which has affected
                         12,000 units of roof-mounted net-metered solar  many businesses, consequently hitting the econ-
                         PV systems for public institutions, small and  omy, there have been several renewable energy
                         medium-sized companies (SMEs) and some  interventions to address the menace.
                         selected households.                   The drive to renewable energy comes with the
                           “The project will support Ghana’s COVID-  belief of curbing the threat of climate change as
                         19 Alleviation and Revitalisation of Enterprises  well as being an impetus to drive a healthy eco-
                         Support (Ghana CARES) programme, which  nomic growth. ™
                         identifies the energy sector as an enabler of

       Volta River Authority





       completes 75MW wind




       farm feasibility study






       GHANA          GHANA’S Volta River Authority (VRA) has  sustainable sources of energy, mainly hydro and
                      completed a two-year feasibility study for the  natural gas, liquified petroleum products and
                      construction of a wind farm in Ada, in the  renewables.
                      Greater Accra region, that would generate about   The VRA and operates a total installed elec-
                      75MW of power, Graphic Online reports.  tricity generation capacity of 2,519MW. The two
                        The VRA is a state-owned body with the  main hydro plants, Akosombo and Kpong gen-
                      mandate to generate, transmit and distribute  erating stations, both located on the Volta River
                      electricity. Its deputy chief executive in charge  have 1,020MW and 160MW, respectively.
                      of finance, Dr Ebenezer Tagoe, said the process   These are complemented by a 2.5MW Solar
                      of securing financing is underway and the con-  PV Plant at Navrongo in the Upper East Region
                      struction should soon follow.        and a 6.5MW Solar PV Plant at Lawra in the
                        The wind farm is part of VRA’s diversifica-  Upper West Region.™
                      tion agenda to take advantage of available and



       Week 05   03•February•2022               www. NEWSBASE .com                                              P9
   4   5   6   7   8   9   10   11   12   13