Ghana Signs Agreement with the African Development Fund for Solar Project - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

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Ghana Signs Agreement with the African Development Fund for Solar Project -The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of... -

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The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of Switzerland, for the Ghana Mini-Grid and Solar Photovoltaic Net Metering project.The agreements, for the development of 35 mini-grids and stand-alone solar PV systems, were signed on Wednesday 25 May at a short ceremony held on the sidelines of the African Development Bank Group’s 2022 Annual Meetings.

The post-Covid-19 era has highlighted the importance of reliable energy services. The project will support Ghana’s Covid-19 Alleviation and Revitalization of Enterprises Support program, which identifies the energy sector as an enabler of economic transformation. “Today’s event not only marks the first stage but marks an important milestone for providing climate-conscious development across the country,” Ofori-Atta said.“We are pleased to have reached another milestone in our cooperation with this wonderful country. We hope that, together, this project will bring sustainable and affordable electricity to over 6,000 small and medium-sized enterprises and almost 5,000 households, besides 1,100 public buildings,” Ambassador Paravicini said.

The systems will power 750 small medium-sized enterprises, 400 schools, 200 health centers, and the energy service systems in 100 communities in the Volta Lake region and Northern region of Ghana.

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