Warrior King - Ghana - Electricity Supply

Ghana is situated on the Atlantic Ocean towards the west side of Africa. It consists of ten defensive regions, including many islands. Its west border is delineated by the Ivory Coast, while to its north lies Burkina Faso. East of Ghana lies Togo, while the south is bordered by the Atlantic and the Gulf of Guinea.

The literal meaning of the word 'Ghana' is Warrior King.

Facts:

• GDP 43.26$BN
• FIVE-YEAR ECONOMIC GROWTH RATE 3.00%
• POPULATION 28.21M
• TOTAL CLEAN ENERGY INVESTMENTS, 2012-2016 0.07$BN
• INSTALLED POWER CAPACITY 3.57GW
• RENEWABLE SHARE 1.00%
• TOTAL CLEAN ENERGY GENERATION 26.88GWH

By 2030, 700 million people across sub-Saharan Africa will be living without access to electricity. For these people – many of whom will rely on expensive, toxic kerosene for power – spreading reliable, affordable solar energy has to be a better answer to life off the grid. (Ernst & Young) 

Electricity Supply in Ghana 

Ghana‘s energy crisis, in terms of power unavailability, high cost and power failure, has had devastating effects on the lives of the people in this country. The scarcity of electricity in remote regions in Ghana, has resulted in distancing of health facilities such as hospitals. This is putting the health of the population in those regions at high risk. Some rural villages in Ghana have no health centres at all due to total lack of electricity (i.e. no health clinics are built because of bad infrastructure). Furthermore, the unexpected power failures and high cost of electricity in existing hospitals in Ghana lead to low quality of health care delivery in those hospitals. Currently, over 80% of the small clinics Community-based Health Planning and Services - (CHPS) facilities have no electricity at all, which affect the basic health care delivery. 

Ghana's government is aiming for 10 per cent of electricity production to come from solar, wind and biofuels by 2020.

A consistent electricity supply is greatly needed for effective delivery of services in hospitals and other health centres. Simple lighting, refrigeration and storage, sterilization, running water and proper sanitation amenities, scanning, patient monitoring and many other services which are carried out in healthcare facilities by medical equipments and health workers require electricity. In addition, prolonged shortages lead to immediate costs to the health care at hospitals, emergency rooms, laboratories, etc.

Ghana promotes renewable energy in off-grid communities

Mahu said the funds will be made available to the private sector to deploy over 35,000 systems in off-grid communities. (2018)

The Deputy Director of Renewable Electricity at the Ministry of Energy, Seth Mahu, has announced that $230 million has been earmarked to promote the use of renewable energy, particularly in off-grid communities across the country.

Promoting renewable energy

Mahu stated that currently, renewable energy contributed about 1% to the national power generation mix, but the focus was to reach 10% by 2030.

Ghana has a very rich human resource base, and with the right support, the country can go into manufacturing of renewable energy solutions.

ENpower

Life with renewable energy. Social Impact Investment.

The first blockchain prepaid system for renewable energy to drive solar growth in emerging markets.

1. Creating jobs in emerging economies by building more solar plants (80% of the money raised will be directly invested in Solar Power Hardware).
2. Give opportunity to unbanked people in remote areas, access to this energy by closing the financing gap in micro payment in emerging markets.
3. Creating sustainable and environmental-friendly solar energy, addressing the climate change.
4. The EnPowerLife Community will reinvest 10% of the annual profits into projects related to education, healthcare, infrastructure, children villages or women empowerment all suitable with the SDG's

With 17 years of expertise in the Green Energy market, top level team members with 25 years of experience, an existing portfolio of over 300 projects in more than 35 countries, and a product which is 85% ready for market we at Envidatec are ready to accelerate growth and give the opportunity to everyone to be part of our journey. By tokenising this venture, you have to opportunity to invest in a sustainable and profitable future for your own investment, to help the people in need, and ultimately play a role to improved the worlds climate change.

We are currently undertaking private sales for institutional investors, organizations, VCs and corporates. Private Sales cap is USD 3,000,000

www.enPower.Life

__________________________________________________________________________

Powered by ICOA

Sources: Financial Times, ESI Africa, Climatscope, Getty, ICOA