Renpower Ghana – 2nd annual edition
Targeting a double-digit growth for renewable energy capacity
“We will continue to increase the share of renewable energy in our electricity generation mix, as well as explore the options of hydrogen, gas and other clean energy sources to meet our energy needs. The Energy Transition Framework will meet future electricity demand of 380 TWh hour with a corresponding installed capacity of 83 GW. Ghana’s diversified energy mix will include 21 GW of renewable energy installed capacity, which will provide the opportunity to enjoy a greater share in the renewable energy carbon credit market” (President of Ghana Akufo-Addo, November 2022, Sharm el-Sheikh).
Ghana is rich in resources such as biomass, solar, wind and hydropower. Under the Ghana’s Integrated Power Sector Master Plan 2019, major sources of renewables, such as solar PV and onshore wind, are aimed to be installed between 2022 and 2030. The government has been working to increase its renewable energy target from 10% to 30% by 2030, and this has already led to a significant growth in its solar market. Key drivers for this growth are the increasing power demand, policy initiatives and the declining cost of solar PV.
Renewable energy is a major area of investment in the country which still requires huge investment to operate the power industry’s transformation. Local manufacturers and assemblers of renewable energy technology are also expected to contribute in that process. With a price tag of $562 billion, Ghana’s Energy Transition Framework’s implementation will last from 2020 to 2070, although it aims to achieve universal energy access by 2030.
New projects and developments will require partnerships, local content, investment and latest technology – backed up by adequate long term financing sources. Be part of the conversation for this edition, designed to welcome the entire value chain – from policy makers to project developers, technology, and solutions providers.
Featuring 25+ speakers and experts, the program is spread over 4 main sessions:
- Mapping and implementing Ghana’s energy transition journey
- Ghana’s vibrant power generation sector – a level playing field for the participation of IPPs an developers
- Pillars toward Ghana’s electrification plans – Decentralized power, storage systems and hydrogen developments
- Investing in Ghana’s energy transition and financing private sector investments in green technologies
Attending: Key stakeholders including representatives from the government, International Finance Institutions (IFIs), policy makers, international and local developers, EPC contractors, independent power producers, engineering, legal and advisory services, manufacturers, banking and private equity entities.
Agenda and registration – The detailed agenda, speaker line-up and registration form will be available upon your written inquiry. Early bird conditions are currently applied so make sure to take advantage.
For more information, please contact:
+32 2 662 16 12