Public institutions in Ghana will soon start using solar power, Vice President Dr Mahamudu Bawumia has said.
Dr Bawumia said cabinet has given the go-ahead for all public institutions to move from the national grid to solar power.
This move is aimed at reducing the overburden debt of government on the Electricity Company of Ghana.
Speaking at the 4th Ghana Renewable Energy Fair in Accra, he noted that feasibility studies is underway for the commencement of the project.
“The government has always found itself in a situation where it spends so much power but struggles to pay for ECG to run,” he said.
As of 2016, the government’s total debt owed the ECG amounted to GH₵728 million forcing the country to issue a 7 to 10-year ESLA bond to service the energy sector debt.
Despite this intervention, it appears, the government remains the biggest debtor to the Electricity Company of Ghana.
The new move by the government to migrate all public institutions unto solar power is therefore to reduce the burden on ECG.
It is not yet known how much the whole project is going to cost the state or even the timeline for the start of the project.
The project when implemented would see the installation of solar panels at all states institutions across the country.
Dr Bawumia is optimistic that the move will reduce the cost of operations on the ECG.
“The programme will be cost effective as compared with government’s expenditure on producing grid for the generational mix.
The state will no longer become a burden on the power distributor because we provide our own power from the natural resources, in this case, the sun and make use of it without any bill payment” he noted.
The theme for this year's Renewable Energy Conference and Fair is Renewable Energy: exploiting energy resources at the district level.
Latest Stories
-
4-year-old cured leper walks again after Bawumia sponsored her special surgery
2 hours -
Dorcas Affo-Toffey, earns dual Master’s Degrees in Energy, Sustainable Management, and Business Administration
2 hours -
T-bills auction: Government got GH¢21.5bn in November 2024, lower than target
6 hours -
Ghana to return to single digit inflation in quarter one 2026
6 hours -
Panama’s president calls Trump’s Chinese canal claim ‘nonsense’
6 hours -
Manmohan Singh, Indian ex-PM and architect of economic reform, dies at 92
6 hours -
Government is not been fair to WAEC – Clement Apaak on delay to release WASSCE results
6 hours -
Bayer Leverkusen’s Jeremie Frimpong donates to Osu Children’s Home in Ghana
9 hours -
GPL 2024/25: Heart of Lions beat Young Apostles to go three points clear
10 hours -
Dance battles, musical chairs light up Joy FM Party in the Park
10 hours -
Kwabena Kwabena, Camidoh, Kwan Pa Band, others rock Joy FM Family Party in the Park
10 hours -
GPL 2024/2025: Aduana beat struggling Legon Cities
11 hours -
GPL 2024/25: Bechem United fail to honor match against Holy Stars
11 hours -
Cooking competition takes centrestage at Joy FM Family Party In The Park
11 hours -
Album review: ‘Wonder’ by Nana Fredua-Agyeman Jnr
13 hours