Ghana has set a target to achieve 10% of its energy mix from renewable sources by 2030. This goal is part of the country’s broader efforts to diversify its energy supply, enhance energy security, and promote sustainable development.
Currently, Ghana relies heavily on hydroelectric power and thermal plants for electricity generation, but there is a growing interest in solar, wind, biomass, and other renewable energy sources.
Speaking at the ongoing 2024 Future of Energy Conference in Accra, The Minister of State at the Ministry of Energy, Herbert Krapa, has disclosed Ghana’s 10% renewable energy target includes a 2000 MW Solar Project, scalable to 10,000MW.
This according to the Minister will be done through the country’s renewable energy masterplan, energy transition framework, and ‘government goes solar’ programme by installing solar systems in hard-to-reach island communities, emulating the government’s commitment to reducing reliance on fossil fuels.
He emphasised the government’s commitment to balancing sustainable oil and gas production with the urgent need to improve renewable energy output.
Mr. Krapa also highlighted the need of the government and key investors to secure affordable financing to support the scale-up of solar, wind, hydro, and other renewable technologies across the continent.
To reach the 10% target, the government and stakeholders are implementing several policies and initiatives, including the promotion of private sector investment, the development of mini-grids and off-grid solutions, and the expansion of renewable energy infrastructure.
The Renewable Energy Act and the Energy Sector Strategy and Development Plan are among the key policy frameworks guiding this transition.
