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The report on Ghana's solar energy landscape by the International Solar Alliance highlights the country's electricity consumption of 647.2 kWh per capita in 2020. Ghana had a solar capacity of 107.9 MW in 2021, with supportive renewable energy policies such as net metering and feed-in tariffs. The country receives high levels of solar irradiation, making it a promising location for solar energy development. Ghana is classified as a lower middle-income country with a GDP per capita of USD 5,971 in 2021, showing real GDP growth of 4.2% in 2021.
Read more: Ghana Energy Profile (isolaralliance.org)
The IRENA report on Ghana’s renewable energy profile provides an overview of the country’s energy landscape as of 2021. Ghana’s total energy supply was 504,474 TJ, with renewable energy contributing around 40%. The primary sources of renewable energy in Ghana are bioenergy and hydropower. The report highlights Ghana’s efforts to increase its renewable energy capacity through various initiatives and policies, aiming to reduce reliance on fossil fuels and enhance energy security. Following indicators are captured in the report:
Read more: Ghana_Africa_RE_SP.pdf (irena.org)
The document is a market assessment report on distributed solar energy in Ghana by the International Finance Corporation (IFC). It evaluates the market potential for solar energy solutions in Ghana, noting growth opportunities. Challenges include regulatory barriers, financing issues, and technical constraints. Recommendations are provided for stakeholders like policy makers, investors, and businesses to address these challenges and encourage the use of solar energy.
Read more: Ghana Solar Market Assessment (ifc.org)
USAID's PAOP published a market assessment on Ghana's off-grid solar sector. The report covers market overview, sales data from GOGLA, challenges like market saturation and financing issues, and opportunities in the PAYGO model and partnerships with microfinance institutions. Ghana's off-grid solar sector shows growth potential despite facing regulatory barriers.
Read more: 20200211 Market Assessment Brief - Ghana.indd (usaid.gov)
