The country would by the middle of next year add 155 megawatts of power to the national grid in a bid to improve Ghana's energy stock.
It will be the biggest solar project in Africa when completed. This was disclosed by managers of a solar facility, Mere Power Nzema, at a workshop in Accra, Friday.
The Mere Power Nzema with its parent company in UK, Blue Energy are to begin the construction of the solar plant from September this year. The completion of the project would come as a great relief to Ghanaians especially at a time when the country is going through some energy crisis.
Developers of the project are hoping to provide solar power to over 100 thousand homes. Director at Mere Power Nzema, Doug Coleman told Joy Business' George Wiafe they were encouraged to invest in Ghana because of the regulatory environment.
"Investing in Ghana is an interesting opportunity primarily because government has shown ready support for the growth of renewable energy.
"The put laws and procedures in place to support it. There is an open and transparent regulatory regime which investors can understand and recognise," he said. Blue Energy a UK based renewable company say they are hoping to spend 350 million dollars on the project. According to the company this would be the biggest solar project in Africa.
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