News

Ghana disburses $230 million to install 35, 000 off-grid systems

Ghana disburses $230 million to install 35, 000 off-grid systems
  • Comments   -   Monday, 09 April 2018 - 18:48

(Ecofin Agency) - The Ghanaian government has just granted $230 million for renewable energy development mainly through the installation of off-grid systems across the country.

The information relayed by Ghana Web, was announced by Seth Mahu, the deputy director of renewable energy at the ministry of energy.  According to the official, the implementation of these over 35, 000 facilities will be conducted by private companies.

This fund is part of the “off-grid challenge” initiative, jointly implemented with the US-Africa Development Foundation, with the objective to promote innovative ways to supply electricity to remote communities. In this framework, 7 selected companies have benefited from $100, 000 to provide off-grid solutions.

So far, Papase, Nabogo, Lala, Fafo-Battor, Chenekofe and Kuliya are the localities selected for this project. Mahu also indicated that works were underway to extend the project to other non-electrified localities.

Gwladys Johnson Akinocho

African Development Bank (AfDB) has finalized a $50 million equity participation investment in...
Read more |  20 April 2018
In Côte d'Ivoire, newsstand sale generated $5.6 million in 2017, down 18.8% from...
Read more |  20 April 2018
In Egypt, three power plants built by Siemens in Beni Suef, Brulus and...
Read more |  20 April 2018
Bassari Resources announces today April 20, the creation of Makabingui Gold Operation, a...
Read more |  20 April 2018
Mali’s national coordination of farmers’ organizations (CNOP) organized last April 17 a sharing...
Read more |  19 April 2018

Copyright Agence Ecofin © 2018. All Rights Reserved.