{"id":268367,"date":"2024-12-20T07:28:52","date_gmt":"2024-12-20T07:28:52","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/12\/20\/renergy-solar-commits-to-ghana-project\/"},"modified":"2024-12-20T07:28:52","modified_gmt":"2024-12-20T07:28:52","slug":"renergy-solar-commits-to-ghana-project","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/12\/20\/renergy-solar-commits-to-ghana-project\/","title":{"rendered":"Renergy Solar Commits to Ghana Project\u00a0\u00a0"},"content":{"rendered":"

<\/p>\n

\n

Albert Oppong-Ansah\u00a0<\/p>\n

Accra, Dec. 20, GNA-\u202fRenergy Solar, a Danish renewable energy company focused on frontier markets, has reaffirmed its commitment to\u202fcontributing to the advancement of\u202frenewable energy in Ghana through the development of a 40 Megawatt solar power plant.\u202f\u00a0<\/p>\n

The firm said after overcoming delays caused by the COVID-19 pandemic in 2020,\u202fit\u202fwas in the process of renewing all regulatory and statutory commitments necessary to commence construction at the Sege project site.\u00a0<\/p>\n

Mr. Mads Vestergaard S\u00f8rensen, Chief Executive Officer of Renergy, told the Ghana News Agency that construction of the first 20 MW phase\u202fwas\u202fexpected to commence in 2025, with the second 20 MW phase to follow.\u202f\u00a0<\/p>\n

\u202fHe noted that the project\u202fwas\u202fstrategically located near the Dawa Industrial Zone, which had\u202fincreasing demand for renewable energy.\u00a0<\/p>\n

\u201cWe are very close to the high-voltage and distribution lines in Sege, making it easy to connect to the grid,\u201d Mr. S\u00f8rensen stated.\u202f\u00a0<\/p>\n

\u202f\u201cAs part of our planning, we have completed grid studies, environmental assessments, and technical evaluations. We are finalizing the documentation required, including the off-take agreement, to ensure a smooth project launch.\u201d\u00a0<\/p>\n

The Chief Executive Officer also mentioned that Renergy anticipated achieving financial close during the first half of 2025, with engineering work expected to commence toward the end of the year, pending the completion of all preparations.\u00a0<\/p>\n

Ghana\u2019s Energy Transition and Investment Plan (ETIP) outlines a clear pathway for achieving net-zero energy-related carbon emissions by 2060 through the implementation of low-carbon solutions across key sectors.\u202f\u00a0<\/p>\n

\u202fMr Seth Mahu, Director of Renewable Energy at the Ministry of Energy, emphasised the significance of renewable energy in Ghana\u2019s energy future and highlighted the critical role of international investors, such as Renergy, in supporting the country\u2019s transition.\u00a0<\/p>\n

\"\"<\/figure>\n

\u201cThe measures outlined in the ETIP represent a US$550 billion opportunity for international investors to contribute to sustainable development in Ghana, potentially creating 400,000 net jobs within the economy,\u201d Mr. Mahu stated.\u00a0<\/p>\n

Ghana\u2019s electricity access rate stands at 86.63\u202fper cent\u202f(2021), with\u202fnine out of 10\u202furban residents and\u202ffive out of 10\u202fof rural residents connected to the electricity grid.\u202f\u00a0<\/p>\n

The Ministry of Energy aims to harness 10\u202fper cent\u202fof the country\u2019s renewable energy resources to consolidate energy security and meet the UN\u2019s Sustainable Development Goal 7 by 2030.\u00a0<\/p>\n

\u202fRenergy\u2019s solar initiative is positioned to play a crucial role in advancing these objectives, bringing clean, reliable energy to support Ghana\u2019s industrial growth and rural electrification efforts.\u00a0<\/p>\n

Ghana, Kenya and Rwanda are on track for full access by 2030, offering success stories other countries can follow, a recent International Energy Agency report had said.\u202f\u00a0<\/p>\n

It recommends efforts by countries to increase mini-grids and stand-alone systems, mostly solar based, as the most viable solutions to meeting the energy needs of rural areas.\u00a0<\/p>\n

\u202fUniversal access to affordable electricity, achieved by 2030 in the Sustainable Africa Scenario, requires bringing connections to 90\u202fmillion people a year, triple the rate of recent years.\u202f\u00a0<\/p>\n

At present, 600\u202fmillion people, or 43 per cent of the total population, lack access to electricity, most of them in sub-Saharan Africa.\u202f\u00a0<\/p>\n

GNA\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Albert Oppong-Ansah\u00a0 Accra, Dec. 20, GNA-\u202fRenergy Solar, a Danish renewable energy company focused on frontier markets, has reaffirmed its commitment to\u202fcontributing to the advancement of\u202frenewable energy in Ghana through the development of a 40 Megawatt solar power plant.\u202f\u00a0 The firm said after overcoming delays caused by the COVID-19 pandemic in 2020,\u202fit\u202fwas in the process of […]<\/p>\n","protected":false},"author":1,"featured_media":268369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-268367","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"\nRenergy Solar Commits to Ghana Project\u00a0\u00a0 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/12\/20\/renergy-solar-commits-to-ghana-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renergy Solar Commits to Ghana Project\u00a0\u00a0 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Albert Oppong-Ansah\u00a0 Accra, Dec. 20, GNA-\u202fRenergy Solar, a Danish renewable energy company focused on frontier markets, has reaffirmed its commitment to\u202fcontributing to the advancement of\u202frenewable energy in Ghana through the development of a 40 Megawatt solar power plant.\u202f\u00a0 The firm said after overcoming delays caused by the COVID-19 pandemic in 2020,\u202fit\u202fwas in the process of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/12\/20\/renergy-solar-commits-to-ghana-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-20T07:28:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/12\/Science-Solar-Energy.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1030\" \/>\n\t<meta property=\"og:image:height\" content=\"476\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/20\\\/renergy-solar-commits-to-ghana-project\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/20\\\/renergy-solar-commits-to-ghana-project\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Renergy Solar Commits to Ghana Project\u00a0\u00a0\",\"datePublished\":\"2024-12-20T07:28:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/20\\\/renergy-solar-commits-to-ghana-project\\\/\"},\"wordCount\":507,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/20\\\/renergy-solar-commits-to-ghana-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Science-Solar-Energy.png\",\"articleSection\":[\"Top News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/20\\\/renergy-solar-commits-to-ghana-project\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/20\\\/renergy-solar-commits-to-ghana-project\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/12\\\/20\\\/renergy-solar-commits-to-ghana-project\\\/\",\"name\":\"Renergy Solar Commits to Ghana Project\u00a0\u00a0 - 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