Two leading international renewable energy companies, Germany-based EUPD Research and Chinese solar technology giant LONGi, are exploring investment opportunities in Ghana’s renewable energy sector following engagements with the Ghana Investment Promotion Authority (GIPA).
The discussions focused on ways to accelerate the deployment of renewable energy projects in Ghana and across the West African sub-region through strategic investments, technological innovation and partnerships.
Key areas of interest included investments in power generation, local assembly operations and manufacturing activities aimed at strengthening the renewable energy value chain in Ghana.
Among the proposals considered during the engagement was the establishment of a Ghana Renewable Energy Hub that would bring together manufacturers, financiers, insurers and policymakers to support the growth and development of the region’s clean energy ecosystem.
Chief Executive Officer of the GIPA, Simon Madjie, highlighted Ghana’s vast renewable energy potential and the country’s attractive investment climate for green energy projects.
He also outlined the incentives available to investors under Ghana’s investment framework and the provisions of the Ghana Investment Promotion Authority (GIPA) Act designed to support strategic investments.
Mr Madjie reaffirmed the Authority’s commitment to facilitating investments that will strengthen Ghana’s position as a regional hub for renewable energy development and clean technology innovation.
