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Thursday 28 March 2024

2021-03-19

[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce

2021-03-17

[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker

2021-03-16

[B] Pursue demands through negotiation, arbitration – Telcos told
[B] Don’t approve new fuel levies – COPEC to MPs
[B] There’s no justification for newly proposed petroleum taxes – Wereko-Brobby

2021-03-15

[B] Ghana prepares to issue $5 billion Eurobond
[B] There’ll be ‘bitter hardship’ for Ghanaians because of 2021 budget – Forson

2021-03-14

[B] 2021 budget designed to lift Ghana out of challenges imposed by COVID – Alan
[B] I’ll support Agyapa deal 2,000% – MP Egyapa Mercer
[B] Notorious Wa thieves transporting pregnant goats involved in accident
[B] Ghana risks losing €258m earmarked for the 2nd phase of Kejetia market
[B] FDA calls on media to help flush out unregistered products from market
[B] Govt provides Ghs 42.8 million in operations and payroll support to STC et al

2021-03-13

[B] Gov’t introduces 10pesewas ‘borla’ tax to clean Ghana
[B] NLA to bring back Live Draws for 5/90 Lotto
[B] Minister gives Kejetia traders final warning ahead of demolition
[B] Domelevo lands top international job after forced retirement
[B] Trotros and Taxis to enjoy free income tax, hotels and restaurants to get 30%

2021-03-12

[B] AfCFTA expected to significantly promote peace and security
[B] 2021 Budget will ensure recovery and macroeconomic stability
[B] We’ll soon provide food items to schools – Buffer Stock Company
[B] Osei Kyei-Mensah-Bonsu appointed ‘caretaker Finance Minister’
[B] 2021 Budget: Ghana Employers' Association expects pragmatic initiatives

2021-03-11

[B] Corruption is not fought alone or quietly – Domelevo
[B] Nana Addo’s anti-corruption credibility is in tatters – Gyimah-Boadi
[B] Agyapa deal should be considered dead on arrival in Parliament – John Jinapor

2021-03-10

[B] UMB Signs agreement with NARMG to provide special loans to midwives
[B] Ghana will experience economic rebound in 2021—President Akufo-Addo
[B] Price of iced sachet water now 30p
[B] All national ID numbers to become tax numbers from April - President Akufo-Addo
[B] Government will engage Parliament about Agyapa deal – Akufo-Addo

2021-03-09

[B] Stop 'examining' foodstuffs before buying them – market women to buyers
[B] Ghanaians to use COVID-19 Vaccination App to book appointment
[B] GRIDCo Explains Sunday's Nationwide Power Shutdown

2021-03-08

[B] Cement price goes up
[B] Village Savings and Loans scheme empowering rural women in Adansi north
[B] Technology is key to speeding up the global gender equality agenda- NBSSI Boss

2021-03-07

[B] Ghana for 3 years was described as one of fastest growing economies - Akufo-Addo
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Business

[ 2017-10-11 ]

Hybrid power stations to add 850MW to grid
Some 850 megawatts of power is expected to be
added to the national grid as the government
pursues an agenda to convert all hydro generating
stations into hybrid facilities, incorporating
solar energy into them.

According to the Minister for Energy, Boakye
Agyarko, the additional megawatts of power are
expected to be derived from three hybrid systems
which would include Bui, Akosombo and Kpong Dams.

Addressing Members of Parliament, he said: “Bui
Dam has already started converting to a
combination of solar and hydro to evacuate 250MW
onto the national grid. The main Akosombo Dam is
expected to house a solar facility of 500MW and
the Kpong Dam similarly will host a facility of
100MW. Indeed, VRA is designated to be the lead on
the expansion of solar facilities in the
country”.

The Energy Minister also disclosed that government
intends to incorporate renewable energy into the
energy mix for a number of public institutions,
including educational institutions.

“In that wise, a pilot programme has already
started in the University of Ghana, Legon, to
combine solar, waste, biomass with the utility.
Therefore, I made a commitment when I first
appeared in this house that this building of
Parliament will be headed for solar.

“In that wise, we have started taking the power
profiles of all your facilities in order to make
sure that early next year the House of Parliament
will begin to enjoy solar as a major component of
its power supply: as will the Flagstaff House, and
all the 36,000 Junior High Schools and 681 Senior
High School facilities.”

He however maintained that all these initiatives
will be promoted through the private investment
space.

To this end, government will soon access its share
of the US$2billion Renewable Energy Credit
Facility from the Indian government meant for
African countries, following parliament’s
ratification of the framework agreement on
establishment of the International Solar Alliance
(ISA).

The previous administration initiated a “Capital
Subsidy Scheme” that was expected to see some
20,000 rooftop solar systems installed in
residential homes.

Under the scheme, selected applicants will be
given a maximum of 500watt peak solar panels free
of charge, while they pay for the remainder
depending on what their total need is.

Due to increase in global energy demand and the
continuous usage of fossil fuels which is damaging
the environment, it is imperative that government
considers solar as an alternative to fossil
fuels.

Source - B&FT



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