The African Development Fund is providing a $27.39 million grant to help Ghana improve energy access and decarbonisation by developing renewable energy mini-grids and solar PV net metering.
Ghana will use the grant to develop some 35 mini-grids and solar PV systems in 400 schools, 200 units in healthcare centers and 100 units for community energy services in the Volta region.
The grant will also support the rollout of 12,000 rooftop net-metered solar PV systems for public institutions, small and medium-sized enterprises and selected households.
The Ghana Mini Grid and Solar Photovoltaic Net Metering project under which the installations will be made will use the grant to install up to 67.5MW of capacity. The project will generate 111,361MWh of capacity per annum, avoid 0.7795 million tons of greenhouse gas emissions per year and create 2,865 jobs of which 30% will be women and youths.
The project has leveraged co-financing from the Scaling Up Renewable Energy Programme, a funding window of the Climate Investment Funds, and the Swiss State Secretariat for Economic Affairs, amounting to $28.49 million and $13.30 million.
