Business News of Monday, 26 May 2025
Source: www.ghanawebbers.com
The initiative aims to use local talent. This will help provide jobs for the growing youth population.
Mr. Onyina Karikari stated, “We need local expertise for this project.” He proposed a partnership with Kwame Nkrumah University of Science and Technology (KNUST). This partnership would create an institute for training in green economy skills.
The goal is to create over 1.5 million jobs by producing solar components locally instead of importing them.
Three-Phased Green Energy Plan
Mr. Onyina Karikari outlined a three-phased plan for green energy. The first phase focuses on solarizing key public and private institutions. This includes Parliament, Ministries, and hospitals to ensure 24-hour power supply.
The second phase will develop a nationwide electric vehicle (EV) charging infrastructure. Mr. Onyina explained plans for public-private partnerships at Goil filling stations and major transport hubs.
The final phase involves establishing a mass electric vehicle assembly plant in Ghana. This will allow local production of EV buses and support the country’s green industrial agenda.
Royal Endorsement
The Asantehene, Otumfuo Osei Tutu II, supports the initiative. He called solar energy essential for Ghana's development amid energy challenges and climate change.
He said, “Any country that wants to develop must adapt to clean energy.” Ghana still faces electricity issues while continuing to import fuel. Sustainable solutions are needed, and investing in solar energy is crucial.
He noted that despite having excess energy capacity, reliability remains an issue. “Green energy is no longer an option—it is a necessity,” he emphasized.
If DreamPower presents a viable proposal with real benefits, the Asantehene pledged support. He also highlighted that the government’s proposed 24-hour economy needs reliable energy supply to succeed.