The Deputy Minister of Power, John Jinapor is advocating that the private sector investment in renewable energy to increase power generation in the country.<\/p>\n
[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.<\/p>\n
Currently, Ghana relies heavily on hydro and thermal sources of energy for power generation.<\/p>\n
Speaking to Citi News<\/strong>, John Jinapor believes the passage of the Renewable Act, Act 832, provides the framework for private investments in renewable energy.<\/p>\n \u201cThat why we\u2019ve passed the renewable law Act 832 in 2011 in order to provide the basic framework and the building block for the private sector.,\u201d he said.\u201d<\/p>\n John Jinapor indicated that \u201cso far a lot of the companies have started investing in that area…And so it is well and good, we don\u2019t have to reduce expenditure, we have to keep encouraging the private sector.\u201d<\/p>\n Though he said, renewable energy can not entirely serve the nation’s energy needs, \u00a0he said it is worth investing in.<\/p>\n “Dams have proven to be very reliable, if you look at the benefits from the Akosombo dam \u00a0far outweighs any other sources of energy; thermal, renewable and all that. Don\u2019t 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.\u201d<\/p>\n –<\/p>\n By: Godwin Akweiteh Allotey\/citifmonline.com\/Ghana<\/p>\n