• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, August 7, 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

Bawumia Pledges to Harness Solar Energy

March 27, 2024
Prince Agyapongby Prince Agyapong
in General News
0
Dr. Bawumia Charges Telecel to Invest in Youth Tech Skills

Vice President Mahamudu Bawumia

Ghana, like many other developing nations, faces significant challenges in its energy sector. Insufficient power generation, unreliable distribution, and high electricity costs have hindered economic growth and impacted the well-being of its citizens.

However, Ghana has the potential to overcome these hurdles by leveraging solar power as a sustainable and reliable energy source.

Dr. Mahamudu Bawumia, the Flagbearer and leader of the New Patriotic Party (NPP), has pledged to leverage on solar power as part of his efforts to address the challenges in Ghana’s energy sector.

RelatedPosts

Calls Mount For Investigation Into Military Helicopter Crash

Murtala’s Legacy of Mentorship Echoes Amid National Grief

Gov’t Acts Swiftly After Helicopter Crash

“We are going to provide 2000 megawatts of solar power which is about half Ghana’s consumption. The 2000 megawatts will help reduce electricity bills. Everyone is going to enjoy the benefit because it will help electricity prices come down significantly.”

Dr. Mahamudu Bawumia, Vice President

Ghana is located in a region with abundant sunlight throughout the year, making it an ideal location for solar power generation. The country receives an average of 5.5 kWh/m² of solar radiation per day, which is significantly higher than many other regions. By harnessing this solar potential, Ghana can diversify its energy mix and reduce its reliance on fossil fuels.

The Vice President explained that the 2,000 megawatts of solar power would contribute to a substantial decrease in electricity prices, benefiting everyone in the country.

The government, private sector, and international partners must collaborate and invest in solar infrastructure to unlock the full potential of solar power in Ghana.

Solar Energy, to Reduce Electricity Cost

One of the major advantages of solar power is its ability to lower energy costs. Ghana’s traditional energy sources, such as hydro and thermal power, are subject to price volatility due to fluctuating fuel prices and maintenance costs.

Solar power, on the other hand, offers a stable and predictable energy source, eliminating the risk of price hikes. By investing in solar infrastructure, Ghana can reduce the cost of electricity, making it more affordable for businesses and households.

He made this promise during an engagement with members of the informal sector through a forum organized by the Council of Indigenous Business Associations (CIBA).

The NPP Flagbearer in answering queries from the various groups associated with the council emphasized that this will help to make electricity affordable for all Ghanaians, leading to a reduction in electricity bills.

Solar power offers a clean and renewable energy source, contributing to Ghana’s efforts to combat climate change and reduce its carbon footprint. The country has made commitments to reduce its greenhouse gas emissions under the Paris Agreement.

By embracing solar power, Ghana can make significant progress towards achieving its sustainability goals. Solar energy production produces zero greenhouse gas emissions, reduces air pollution, and minimizes the environmental impact associated with traditional energy sources.

He added that Ghana’s energy sector needs an uninterrupted power supply, a success story chalked, adding that recent challenges have an overwhelming challenge on the economy.

Furthermore, Bawumia has expressed his willingness to collaborate with CIBA to enable businesses to register without stress and has noted that 660 million Ghana cedis from the World Bank and the Mastercard Foundation have been allocated to support Indigenous Businesses.

He has also assured the Ghana National Association of Traditional Healers that once the Food and Drugs Authority (FDA) certifies medicines produced by the group, he will ensure those medicines are registered under the National Health Insurance Scheme (NHIS)

“I’m introducing another initiative, which is passport acquisition. Since you’re all into business and travel a lot, the passport acquisition initiative will ensure you acquire a passport without any stress. With the support of the Ghana card, you just apply for the passport and make payment, then the passport will be ready for you.”

Dr. Mahamudu Bawumia, Vice President

Dr. Mahamudu Bawumia’s pledge to provide 2,000 megawatts of solar power and his commitment to easing passport acquisition for the business community and frequent travelers are part of his broader vision to support the informal sector and improve the overall economic and social conditions in Ghana.

Ghana’s energy sector issues can be effectively addressed by harnessing the power of solar energy. By leveraging its abundant solar potential, Ghana can reduce energy costs, achieve energy independence, create jobs, promote local economic development, and contribute to environmental sustainability. With a strategic focus on solar energy, Ghana can pave the way towards a brighter and sustainable future.

READ ALSO: IPGG Calls For Immediate Halt Of Electricity Exports

Tags: BusinessghanaPowerprivatesolar energy
Please login to join discussion
Previous Post

NDC, NPP Chastised For Phony Projects

Next Post

UK’s Home Office Accused of Cover-Up

[mc4wp_form id="1264"]

Related Posts

Helicopter Crash Site
General News

Calls Mount For Investigation Into Military Helicopter Crash

August 7, 2025
Inflation Hits 45-Month Low
Economy

Inflation Hits 45-Month Low

August 7, 2025
South Africa Moves To Join Afreximbank Governance
Africa

South Africa Moves To Join Afreximbank Governance

August 7, 2025
Electrical Energy
Extractives/Energy

Electricity Prices Drop Across Africa as Renewables Scale and Costs Fall 

August 7, 2025
Putin’s Failure To Attend Istanbul Talks Decried
Europe

Putin Hints At Meeting With Trump

August 7, 2025
Hon. Ibrahim Murtala Mohammed, Murtala Mohammed
General News

Murtala’s Legacy of Mentorship Echoes Amid National Grief

August 7, 2025
Helicopter Crash Site
General News

Calls Mount For Investigation Into Military Helicopter Crash

by Lilian AhedorAugust 7, 2025
Inflation Hits 45-Month Low
Economy

Inflation Hits 45-Month Low

by Stephen M.CAugust 7, 2025
South Africa Moves To Join Afreximbank Governance
Africa

South Africa Moves To Join Afreximbank Governance

by Lawrence AnkutseAugust 7, 2025
Electrical Energy
Extractives/Energy

Electricity Prices Drop Across Africa as Renewables Scale and Costs Fall 

by Prince AgyapongAugust 7, 2025
Putin’s Failure To Attend Istanbul Talks Decried
Europe

Putin Hints At Meeting With Trump

by Comfort AmpomaaAugust 7, 2025
Hon. Ibrahim Murtala Mohammed, Murtala Mohammed
General News

Murtala’s Legacy of Mentorship Echoes Amid National Grief

by Silas Kafui AssemAugust 7, 2025
Helicopter Crash Site
Inflation Hits 45-Month Low
South Africa Moves To Join Afreximbank Governance
Electrical Energy
Putin’s Failure To Attend Istanbul Talks Decried
Hon. Ibrahim Murtala Mohammed, Murtala Mohammed
[/vc_row_inner]

Recent News

  • Calls Mount For Investigation Into Military Helicopter Crash
  • Inflation Hits 45-Month Low
  • South Africa Moves To Join Afreximbank Governance
  • Electricity Prices Drop Across Africa as Renewables Scale and Costs Fall 
  • Putin Hints At Meeting With Trump
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.