eleQtra is developing a 50 MW wind energy project located in the Greater Accra region of Ghana.
The Wind Power Project will add much needed electricity generation capacity to the national grid of Ghana, reducing reliance on hydropower generation and resulting exposure to rainfall patterns while avoiding increased carbon emissions from oil, gas or coal fired generation.
The Ghanaian grid has suffered from substantial generation deficits due to a combination of accelerating growth in demand, long term under investment in new generation assets and low rainfall in the Volta River catchment. In response to these challenges the Government has set a target to increase installed capacity from under 3,000MW to 5,000MW by 2020. In addition Government has enacted a Renewable Energy Law and set a target for 10% of generation capacity to come from new renewables sources including wind, solar, small and medium hydro and other sources. A feed-in-tariff regime was established in 2013 establishing tariffs for wind, solar, small and medium hydro and other sources.
In response to these regulatory initiatives, eleQtra commenced gathering wind data in 2010 and in 2014 selected a preferred site for the development of a 50MW wind project (expendable to over 100MW at subsequent phases) and obtained a Provisional Generation License from the Energy Commission. In 2015 eleQtra installed a 120m high meteorological mast on site and initialled a draft PPA with the Electricity Company of Ghana for the sale of energy from the Project. Presently we are competing land acquisition of the project site and undertaking environmental and technical studies. We aim to close financing of the project and commence construction in 2017 with operations commencing in 2018.
Richard Avery, Regional Manager of West Africa, interviewed by AEF TV about the Ghana Wind Project and the newly rewarded USTDA grant.
Primary Economic Benefits
- 150 GWh of clean energy delivered to Ghanaian consumers annually (enough to power 130,000 Ghanaian households or 2% of the population) will increase availability of power supply stimulating industrial development.
- Employment creation in the local community during construction and operation period.
- Stimulation of investment into the renewables sector in Ghana will transfer knowledge and create employment opportunities at supplier firms.
Primary Social & Environmental Benefits
- 150 GWh of clean energy delivered to Ghanaian consumers annually (enough to power 130,000 Ghanaian households or 2% of the population) will increase availability of power supply enhancing quality of life for residential consumers.
- 6m tonnes of CO2 emissions avoided over a 20 year period (the equivalent of every car in Ghana driving 4,000 miles).
- Benefit sharing with local host community will fund education and health programs.
- The Project is being developed as a privately owned independent power producer (“IPP”) under a Build Own Operate structure whereby power will be sold to ECG under a 20 year PPA.
- The Project will be constructed under an EPC contract.
- Increased supply of power will facilitate industrial development and poverty reduction.
- The Project will play a major role in establishing wind power in West Africa and stimulating further investment in the sector over the coming years.
Sponsoring government ministries
Electricity Company of Ghana
Ministry of Power
Approximate scope of project
Cost: $130 million
Time: Closing 2017
More Project Information
Project Size: 50 MW
Developer In Charge