• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, December 25, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ada Foah Energy Project Set to be Revived

M.Cby M.C
July 28, 2020
Reading Time: 3 mins read
launch launch

The stalled Ada Foah Energy Project, is set to be revived as the TC’s Energy USA and its partners have signed an agreement to finance it.

The three-partner companies which came together to make this decision are TC’s Energy USA, Power China Huadong Engineering Corporation Ltd and Seabased of Sweden.

RelatedPosts

IMF Flags Persistent Energy Sector Shortfall Despite Improved ECG Payments

Ing. Gomashie Slams GoldBod CEO over ‘Profit’ claims, Demands Clarity

Government Inspects AKSA Anwomaso Power Plant as 141MW Comes On Stream

The local counterpart of the project TC’s Energy Ghana, have been collaborating and working with Seabased Industry AB to create Africa’s first wave power plant at Ada Foah since 2015 when the onshore grid-connected switchgear was installed and the first phase of the wave energy converters was deployed and connected.

The project which will employ an environmentally friendly technology known as the “SeaBased” Wave Energy Converters (WEC), seeks to establish a wave energy park in the Gulf of Guinea in Ghana, about 17 kilometres off the coast of Ada to generate 1,000 megawatts of power from sea waves.

Officials say the project will offer energy at a lower cost of between 3 and 4 cents compared with 10 or more cents available from hydro and thermal. They said in addition,

ADVERTISEMENT

“There is enormous environmental benefit since the project is renewable.”

The acquisition of the project land and its implementation has already seen over US$10 million invested by sponsors.

Dr. Anthony
CEO of TC’s Energy, Mr. Anthony Opoku

At the signing ceremony, the CEO of TC’s Energy, Mr. Anthony Opoku throwing more light on the project, noted that, purchasing of resources to produce electricity will not be needed if government implements this project which will also be of great benefit to government as well.

“It is based on the wave heights. So, before we even place this unit, we do some studies to see the average wave heights, and currently, the average wave heights is 2.5 (metres), but sometimes it can go as high as 12 meters, and sometimes the waves can get crazy, and even go as high as 20 metres. So, for us, the more wave the more money and the more electricity for the country.

The generation part is all underneath the sea so you won’t see anything. The only thing you will see when we go to the other side is the switch gear where the power comes directly into the grid.”

With its tagline “Pioneering Wave Energy in Africa”, the project will involve the installation of generator units (WECs) and marine substations offshore; installation of an onshore sub-station to connect to the national grid; and the laying of cables to link the offshore generating units and the onshore sub-station located about 100m from the shore.

In meeting the highest international requirements for the project, TC’s Energy has also applied to the Ghana Standards Authority (GSA) for Marine Energy Converters Certification.

prof prof
Director General GSA, Professor Alex Dodoo

Director General of the GSA, Professor Alex Dodoo, said the process assures the country of safety and quality generation of power.

“The Standard Authority was approached by TC’s wave Energy to ensure that, the energy they want to generate and the entire processes are certified in accordance with international best practices. So, the Standards Authority met several times and considered the scheme we were going to use for the marine energy converter certification. We are in this country going to generate electricity from sea waves. Marine energy converter exists; however, this is going to be the biggest in Africa and most likely the biggest in the world. We at the Standards Authority are sure that that it is going to be efficient from what we have seen.”

The professional and technical services of the project will be provided by the GSA.

Tags: Waveenergy
Share12Tweet7Share2SendSend
Please login to join discussion
Previous Post

Only ¢2 billion out of the over ¢21 billion sunk into the banking sector reformation has been recovered – BoG

Next Post

GN Bank didn’t operate as a Ponzi Scheme – Groupe Nduom responds to Finance Minister

Related Posts

Ghana’s Energy Sector as Reforms Advance
Extractives/Energy

IMF Flags Persistent Energy Sector Shortfall Despite Improved ECG Payments

December 25, 2025
Ing. Wisdom Edem Gomashie
Extractives/Energy

Ing. Gomashie Slams GoldBod CEO over ‘Profit’ claims, Demands Clarity

December 25, 2025
FB IMG 1766599450168
Extractives/Energy

Government Inspects AKSA Anwomaso Power Plant as 141MW Comes On Stream

December 25, 2025
Mr. Sammy Gyamfi, Esq. Chief Executive Officer of GoldBod
Extractives/Energy

GoldBod Rejects Loss Claims, Reports Strong Profits and $10bn FX Inflows

December 24, 2025
Redefining Ghana’s Gold Landscape
Extractives/Energy

GoldBod Exceeds 2025 Export Target, Raises Over $10bn

December 24, 2025
Dangote Refinery
Extractives/Energy

Marketers Warn Dangote Refinery Alone Cannot Meet Nigeria’s Petrol Demand

December 24, 2025
Professor Henry Kwasi Prempeh, Chairman of the Constitutional Review Committee
General News

CRC Scraps “Desk Review” Strategy to Reflect Modern Ghana

by Silas Kafui AssemDecember 25, 2025
Naa Momo Lartey, 𝐏𝐡𝐃, Minister for Gender, Children and Social Protection - Ghana
General News

Government Pays GH¢139.33m to LEAP Beneficiaries

by Evans Junior OwuDecember 25, 2025
Ghana’s IMF Programme Nears Crucial Endgame as Extension Talks Begin
Economy

Ghana’s IMF Programme Nears Crucial Endgame as Extension Talks Begin

by M.CDecember 25, 2025
Ghana’s Energy Sector as Reforms Advance
Extractives/Energy

IMF Flags Persistent Energy Sector Shortfall Despite Improved ECG Payments

by Prince AgyapongDecember 25, 2025
GSE Heads into Christmas on a Mixed Note as NewGold ETF Shines with 2.13% Surge
Securities/Markets

GSE Heads into Christmas on a Mixed Note as NewGold ETF Shines with 2.13% Surge

by M.CDecember 25, 2025
USA

Trump Touts Economic and Security Gains in Christmas Message

by Comfort AmpomaaDecember 25, 2025
Professor Henry Kwasi Prempeh, Chairman of the Constitutional Review Committee
Naa Momo Lartey, 𝐏𝐡𝐃, Minister for Gender, Children and Social Protection - Ghana
Ghana’s IMF Programme Nears Crucial Endgame as Extension Talks Begin
Ghana’s Energy Sector as Reforms Advance
GSE Heads into Christmas on a Mixed Note as NewGold ETF Shines with 2.13% Surge

Recent News

Professor Henry Kwasi Prempeh, Chairman of the Constitutional Review Committee

CRC Scraps “Desk Review” Strategy to Reflect Modern Ghana

December 25, 2025
Naa Momo Lartey, 𝐏𝐡𝐃, Minister for Gender, Children and Social Protection - Ghana

Government Pays GH¢139.33m to LEAP Beneficiaries

December 25, 2025
Ghana’s IMF Programme Nears Crucial Endgame as Extension Talks Begin

Ghana’s IMF Programme Nears Crucial Endgame as Extension Talks Begin

December 25, 2025
Ghana’s Energy Sector as Reforms Advance

IMF Flags Persistent Energy Sector Shortfall Despite Improved ECG Payments

December 25, 2025
GSE Heads into Christmas on a Mixed Note as NewGold ETF Shines with 2.13% Surge

GSE Heads into Christmas on a Mixed Note as NewGold ETF Shines with 2.13% Surge

December 25, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address