Energy Minister Dr Matthew Opoku Prempeh had fruitful discussions with Lekela, Africa’s largest independent renewable energy producer (IPP), on wind power production of 225 megawatts (MW) for Ghana.
Lekela is Africa’s largest renewable energy IPP, with more than a gigawatt of projects in operation across Africa, including Egypt, Senegal and South Africa.
Discussions took place on the sidelines of the COP26 Climate Change Conference currently taking place in Glasgow, Scotland.
Renewable energy master plan
Ghana’s Renewable Energy Master Plan provides an investment-driven framework for the development and promotion of the country’s rich renewable energy resources to propel economic growth, improve social life and reduce the effects of climate change. .
10% renewable production by 2030
Ghana has a target of 10% renewable energy production by 2030.
Solar and wind energy targets by 2030
In the Integrated Master Plan for the Electricity Sector, the country intends to add a total of 520 MW of solar, 325 MW of wind and 60 MW of hydropower from 2022 to 2030.
1,363.63 MW of renewable energy penetration by 2030
It is expected to help the country increase the penetration of renewable energies in the national energy production mix to 1,363.63 MW.
Renewable energy systems connected to the grid of 1,094.63 MW by 2030
The target for grid-connected renewable energy systems is expected to reach 1,094.63 MW by 2030.
1,000 off-grid communities will use renewable energy
The plan offers decentralized electrification options based on renewable energies in 1,000 off-grid communities.
Energy mix in 2019
In 2019, the installed capacity is dominated by thermal – 68%, followed by hydropower – 31% and marginal renewable energies – 0.82%.
Take-and-pay contract for 225 MW of wind energy
Discussions between Dr Opoku Prempeh and Lekela officials focused on a commercial proposal for 225mw of wind power under a take-and-pay contract.
No government guarantee H
However, the government of Ghana will not provide guarantees for the take-and-pay contract.
Competitive energy load denominated in pesewas
The proposal provides for a very competitive energy load denominated in pesewas.
Ghana’s energy sector and economic development plans
Dr Prempeh asked the company how Lekela could better align with Ghana’s energy sector and economic development plans.
A local distribution company in Ghana will be engaged
Dr Prempeh, who is also a Member of Parliament for Manhyia South in the Ashanti region, assured the company of the government’s eagerness to engage them to strike a deal with a local distribution company in Ghana.
Lekela boasts of the highest international standards
For his part, Lekela CEO Chris Antonopoulous said his company comes with the highest international standards for responsible investment and a comprehensive plan for sustainable investment in the community affected by the project.
Project to create jobs and help upgrade workers’ skills
He added that the project would create hundreds of jobs between construction and operation and provide a considerable amount of local content, helping to improve the skills of workers.
He thanked the Minister for the opportunity to meet and looked forward to the development of the project to be part of Ghana’s energy transition program to meet Ghana’s energy needs and contribute to the country’s objectives in terms of renewable energies.
Mr. Antonopoulous was accompanied by the Company’s Commercial Director, Bernard Kiernan, in the presence of Mr. Paul Akwaboah, Chairman of the Advisory Board of the UK Chamber of Commerce in Ghana.
The Director General, Mr. Lawrence Apaalse, and the Legal Director, Ms. Sarah Fafa Kpodo, were present from the Ministry of Energy.