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2021-03-06

[B] AngloGold Ashanti Ghana hands over 1.3km asphalted road

2021-03-05

[B] Poor cashew pricing affecting production - Minister
[B] Boost for Ghanaian exporters … as Ghana, UK sealed trade agreement
[B] NIMED Capital Ltd. launches IPO for lifetime Unit Trust
[B] Why British Airways rescinded decision to re-route Accra – London flights

2021-03-04

[B] BoG issues directive on dormant and unclaimed accounts
[B] Akufo-Addo retires Domelevo

2021-03-03

[B] GRIDCo to demolish illegal structures obstructing access to transmission towers

2021-03-02

[B] You’re deemed to have retired based on your date of birth – Audit Service Board
[B] Auditor-General Domelevo’s 167 days leave ends today
[B] Robbers attack bullion van ferrying CAL Bank cash in daylight operation

2021-02-28

[B] Investment in Western Region will forestall insurgencies - Okyere-Darko
[B] AfCFTA requires right strategies — Ernest Sampong

2021-02-27

[B] Airport risks collapsing if KIA MD is not removed – Fuming workers caution
[B] Airport staff to strike again March 15 if. . .

2021-02-26

[B] 16 dead as two KIA Granbird buses collide on Accra-Kumasi highway
[B] Hundreds of air travellers stranded as Airport staff strike hits hard

2021-02-25

[B] Time to indigenise economy – Sir Sam
[B] Mastercard and MTN partner to enable customers pay on global online platforms
[B] Ghana exports 250 to 300MW of power – Amewu

2021-02-24

[B] BoG erred in revoking my microfinance company’s licence – Minister-designate
[B] We cannot legalise okada – Transport Minister-designate
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[B] Ghana’s biggest car snatching syndicate busted with 7 stolen cars
[B] SEC flags Wiseling Online Investment Company as unlicensed

2021-02-23

[B] Mamfe Methodist Girls SHS win World Robotics and Coding Competition
[B] Kwadaso Mobile Phone thief battles for his life
[B] Ofori Atta meets Appointments Committee on March 8
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2021-02-22

[B] ADB boss is most visible banking sector CEO – 2020 IBNA Report
[B] Regulate cryptocurrencies now – Economist to BoG, SEC
[B] World Bank makes Diop first African to head IFC
[B] Virtual forum on AfCFTA slated for Wednesday
[B] GCNet remaining workers receive redundancy notice
[B] We’ll resist any attempt to increase fuel prices – Minority

2021-02-19

[B] Ghana must negotiate with Benin to resolve export challenges – Patrick Boamah
[B] Amidu was wrong on Agyapa deal – Samson Lardy Anyenini
[B] GBC's GH¢25m electricity debt ring-fenced - Oppong Nkrumah
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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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