Ghana’s renewable energy sector has been boosted with the commissioning of 16.8 megawatts rooftop solar project, which is the largest in Africa in Tema Freezone Enclave.
The $17 million project which is owned by Helios Solar Energy, a subsidiary of LMI Holdings, Ghana, a private firm, is mounted across a rooftop area of 95,754 m² on a Mega Warehouse which is also the largest warehouse in Africa.
The solar system is projected to produce 24,750 MWh of clean, stable, and sustainable electricity annually. It will provide power to businesses operating within the Tema Free Zones.
The project was fully funded by the International Finance Corporation (IFC) as part of a $30 million clean power and water deal with LMI Holdings.
The construction, installation and connection of the entire project was done by Ghanaian engineers and technicians.
Currently, Ghana’s total solar projects capacity stands at 186.9 megawatts peak, including those executed by private developers and state agencies.
The Ghanaian government said it would continue to provide the enabling environment and policies for more private sector participation in renewable energy projects, adding that the project points the private sector in the direction it needs to go to support the government’s vision of achieving 10% renewable energy sources in the nation’s energy generation mix by 2030.
According to Energy News Africa, the $17 million project was financed by the International Finance Corporation (IFC) of the IMF Group which covers an area of one million square metres.