Latest News
5 May 2010
Renewable energy bill before Cabinet -
Energy minister
Dr. Joe Oteng
Adjei, Minister of Energy, has announced that a renewable energy
draft bill setting out a feed-in-tariff to ensure guaranteed price
for electricity generated from renewable energy sources was before
Cabinet. He told a meeting organised by Afrika Verein in cooperation
with Hamburg Chamber of Industry and Commerce and Ghanaian-German
Economic Association that the bill could be passed before the end of
the year.
A statement issued and signed by Mr. Stephen Antwi, President of the
association copied to Ghana News Agency in Accra said the forum
dubbed "Ghana Energy Day", was attended by German business
entrepreneurs interested in investing in Ghana's Energy Sector.
Dr. Oteng Adjei briefed the meeting about the sector, especially
electricity generation, transmission and distribution and pledged
government's support to investors in the sector. In the renewable
energy sector, he urged them to invest in the solar panel plants to
serve Ghana and the ECOWAS market.
In another development, a delegation of Ghanaian business executives
has returned from a week's Solar Energy Trade Mission to Germany,
acclaimed the world's leader in renewable energy production.
Most of the German companies visited expressed their desire to
invest in Ghana where, compared to Germany, solar radiation is very
high. "They are, however, waiting for the promulgation of the
renewable energy law that would set out policy guidelines and
address operational issues", the statement said.
Source: GNA
Centre for Energy, Environment and Sustainable Development
