Renergy Solar Advances Ghana’s Green Energy Goals

Key Figures & Findings:
Renergy Solar, a Danish renewable energy firm specializing in frontier markets, is reaffirming its commitment to advancing Ghana’s renewable energy transition by developing a 40 MW solar power plant in Sege. According to CEO Mads Vestergaard Sørensen, the project’s first 20 MW phase is slated for construction in 2025, followed by the second phase. The strategically located plant near the Dawa Industrial Zone will cater to rising industrial energy demand and integrate seamlessly with nearby high-voltage grid infrastructure. Renergy has completed vital preparatory work, including grid studies, environmental assessments, and technical evaluations, ensuring a robust project foundation.

Statistics & Insights:
The Sege project aligns with Ghana’s Energy Transition and Investment Plan (ETIP), which projects a $550 billion opportunity for international investors to contribute to sustainable development, potentially creating 400,000 jobs. Ghana’s electricity access rate is 86.63%, but rural electrification still lags, highlighting the role of renewable initiatives in bridging this gap.

Future Implications:
If successfully implemented, this project could serve as a model for international renewable energy partnerships in Ghana, significantly boosting energy security and helping the nation achieve its net-zero emission goals. Also Its contribution to rural electrification and industrial growth underscores its pivotal role in Ghana’s path to achieving Sustainable Development Goal 

Source: Business Ghana