The Deputy Minister of Power, John Jinapor is advocating that the private sector investment in renewable energy to increase power generation in the country.
[contextly_sidebar id=”WrYP1mcrD1yXv08uftxTYply2tkEn6Pq”]He argues that an equitable investment in the various sources of energy generation will diversify the source of power generation in Ghana.
Currently, Ghana relies heavily on hydro and thermal sources of energy for power generation.
Speaking to Citi News, John Jinapor believes the passage of the Renewable Act, Act 832, provides the framework for private investments in renewable energy.
“That why we’ve passed the renewable law Act 832 in 2011 in order to provide the basic framework and the building block for the private sector.,” he said.”
John Jinapor indicated that “so far a lot of the companies have started investing in that area…And so it is well and good, we don’t have to reduce expenditure, we have to keep encouraging the private sector.”
Though he said, renewable energy can not entirely serve the nation’s energy needs, he said it is worth investing in.
“Dams have proven to be very reliable, if you look at the benefits from the Akosombo dam far outweighs any other sources of energy; thermal, renewable and all that. Don’t forget that at night you simply cannot use solar, unless you put up a backup system, and so we must have a diversified way of going about it. So while we are investing in dams, while we are investing in thermal energy, we equally have to look at renewable sources like solar, wind, biomass and the other areas.”
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By: Godwin Akweiteh Allotey/citifmonline.com/Ghana