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  • Volta Region in Ghana gets full complement of its transformer needs

    The Volta Region in Ghana now has the full complement of its transformer needs. This includes power transmission backups across the Region. With the current technical power generation status, there will be no need for power curtailment for servicing as of now the backups will take over.

    Ghana Grid Company Limited (GRIDco), Chief Executive Officer, William Amuna, revealed the good news during the Third Biennial Congress of the GRIDco Senior Staff Association (SSA), held in Ho. The three day congress however, led to the election of new officers.

  • Russia extends $25b loan for construction of Egypt’s nuclear power plant

    The construction of Egypt’s nuclear power plant has received a shot in the arm after Russia extended a US$ 25 Billion loan towards the construction of the nuclear plant.The move essentially makes Russia a major sponsor for the nuclear power project.

    President Fattah el-Sisi said that the project will remain Key to the country as they look forward to curb the current power shortage facing the country.

    Egypt, which will cover the other 15 percent, is to repay the loan over a 22-year period, starting in 2029, with a 3 percent annual interest rate.

    Egypt and Russia agreed in February 2015 to build the plant together and signed a memorandum of understanding on the project. But the relations between the two nations were badly impacted after the horrific Russian passenger plane crash in Sinai last October, when all 224 people on board were killed.

  • $700,000 solar project to reduce Ghana’s power challenges

    Ghana is to receive some 100 mega watts of power in 2017 to help ease the power challenges confronting the country.

    It follows the award of a $704,815 grant by the U.S. Trade and Development Agency (USTDA) to Ghanaian solar power developer, Home Energy Africa Limited.

    The grant will also offer technical assistance for the generation of the 100-megawatt solar power to feed the national grid. The photovoltaic (PV) project which is near financial closure is situated in the village of Nyimbale-Sankana, in the Upper West Region of Ghana.

  • US funds construction of 100MW solar power project in Ghana

    The U.S. Trade and Development Agency (USTDA) has awarded a grant of US$704,815 to Home Energy Africa Limited to deliver 100MW solar power project in Ghana in the village of Nyimbale-Sankana.

    The grant has been approved through signing by Robert P. Jackson, the U.S. Ambassador to Ghana and Charles Sena Ayenu, Home Energy Africa CEO.

    The Ghanaian solar power developer, will provide technical assistance towards the 100MW solar power project. Sub-Saharan Africa is experiencing inadequate power challenge such that, 2 out of 3 people in the region lack access to electricity. The insufficient power supply has greatly hinder economic growth in the region.

  • Egypt adds 3,600 MW to national grid

    Egypt has inaugurated eight power stations, adding more than 3,600 megawatts to the national electricity grid at a total cost of $2.7 billion.

    Speaking during the inauguration Egyptian president Abdel Fattah el-Sisi said that the mega projects are geared towards providing adequate power supply to the rising population of Egypt.

    The projects, several of which entered service throughout the past year, include the Upper Egypt West Assiut power station that has a production capacity amounting to 1,000 megawatts.

    The West Assiut power station was constructed by a consortium led by General Electric at a cost of $776.5 million and began operations in two phases in May and August 2015, the media office at the electricity ministry told Ahram Online.

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