The Bui Power Authority, which operates the 400 MW Bui hydropower plant, has launched the construction of a 250 MW solar project worth US$480m. The first 10 MW phase is expected to be completed in October 2020, while the second 40 MW phase should be operational by end-2020.
Solar accounts for 1% of Ghana’s installed capacity, with 63 MW (2019). As of September 2020, more than 200 MW are under construction and nearly 600 MW under development.
The new Renewable Energy Masterplan (2019) aims at increasing the penetration of renewable energy in the national power mix from 45 MW in 2015 to 1.4 GW in 2030. In May 2019, Ghana postponed its target of 10% renewables in the power mix, included in the Renewable Energy Act of 2011, by 10 years to 2030.