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Business News of Wednesday, 29 October 2014

Source: Ministry of Energy

Ghana to get 200MW wind power by 2016 – Kofi Buah


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Ghana’s energy sector will receive a boost of 200 megawatts of wind power following Swiss wind farm developer NEK Umwelttechnik’s plan to develop the Ayitepa Wind Farm to produce about 10 per cent of the country’s total electricity generation capacity.

Speaking to Executives of NEK Umwelttechnik, Energy and Petroleum Minister Emmanuel Armah-Kofi Buah underscored the need for other energy sources to enhance generation capacity.

He also noted that the wind power project is also in line with government’s plan to generate 1o percent of the country’s energy mix from renewable sources by 2020.

Mr Buah further urged management to ensure that all necessary licensing and requirements are met, adding that government has put in place investor friendly policies to ensure smooth execution of projects as this.

Eddie O’Connor, Mainstream Renewable Power CEO said his company’s decision to invest in Ghana’s renewable energy sector was influenced by the enthusiasm in America and Europe about Ghana and prospects in the energy sector.

Mr O’Connor and his team expect the Wind Farm project to begin generating electricity in less than 18 months from start of construction.

The Minister was accompanied by Mr. Wisdom Ahiataku-Togobo and Ing Stephen Doku Directors of Renewable Energy and Power at the Ministry of Energy and Petroleum respectively whiles the NEK Umwelttechnik Switzerland group included Adam Bruce and Simon Genther, Moses Duphey and Michael Wuddah-Martey of NEK Umwelttechnik Ghana.

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