Turkish firm Synergy Co. Ltd. has announced its preparedness to invest in the country by setting up a manufacturing plant to produce solar panels and smart meter technologies.

The move aligns with the government’s agenda to promote greater solar energy use and reduce energy losses in the country’s electricity distribution system.

This development was made public following a high-level meeting between the Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, and representatives from Synergy.

The company, which has been in the energy business for 48 years, has expressed strong commitment to supporting Ghana’s renewable energy transition.

Hon. John Abdulai Jinapor welcomed Synergy’s decision to invest in Ghana, particularly its commitment to local manufacturing and skills development.

“We are committed to supporting any initiative that aligns with Ghana’s green transition and energy sustainability goals.
“Synergy’s investment in solar panel and smart meter production is a significant step in the right direction. It will not only create jobs but also strengthen our energy infrastructure.”
Hon. John Abdulai Jinapor, Minister for Energy and Green Transition

The Energy Minister further noted that Ghana’s energy sector is undergoing a transformation, and the government is prioritizing policies that encourage private sector participation in the renewable energy space.

John Jinapor assured the company that the government is open to strategic partnerships with private investors, especially those in the renewable energy sector.

He highlighted that Ghana is committed to achieving its energy transition targets and will support initiatives that contribute to energy security and sustainability.

Request for Government Support and Market Integration

To ensure the smooth integration of its products into the Ghanaian market, Synergy requested government support in offtaking its products and services.

The company believes that a partnership with the government will facilitate the widespread adoption of its solar panels and smart meters across the country.

“We are ready to invest in Ghana, but we also need assurance that our products will be integrated into the national energy infrastructure.
“A strong collaboration with the government will help us achieve our goal of making renewable energy more accessible and affordable.”
Turkish firm Synergy Co. Ltd.

Beyond manufacturing, Synergy proposed the establishment of a training school to equip Ghanaians with the necessary skills in solar panel and meter production.

This initiative aims to build local capacity in renewable energy manufacturing and create employment opportunities for young professionals.

The training program will focus on various aspects of solar panel assembly, smart meter installation, maintenance, and other technical areas related to renewable energy.

The initiative is expected to provide a steady stream of skilled workers who can contribute to the long-term development of Ghana’s green energy sector.

The entry of Synergy into Ghana’s renewable energy market marks a significant step toward the country’s green energy transition.

With plans to establish a solar panel and smart meter manufacturing plant, the Turkish company is set to enhance energy efficiency, create jobs, and boost local industrialization.

By producing 12 million electrical meters annually and setting up a training school for skills development, Synergy is poised to play a crucial role in Ghana’s renewable energy future.

With government support, this investment could be a game-changer in strengthening the country’s energy infrastructure and promoting sustainable economic growth.