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Labrish
Nyuuz
Ghana Boosts Renewables With Investment Fund
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[QUOTE="Nehanda, post: 27630, member: 2262"] Ghana just took a big step forward with its energy plans. The Cabinet gave a thumbs-up to starting to use the Renewable Energy Investment Fund. Energy Minister John Abu Jinapor explained that this fund will support many clean energy projects across the country. These include solar rooftops, charging stations for electric vehicles, and rechargeable outboard motors for boats. The Minister spoke at a press conference held at government headquarters in Accra about these exciting developments. He mentioned they plan to install solar streetlights everywhere, which would reduce peak electricity demand. This smart move could save huge amounts of money and help keep power flowing reliably throughout Ghana. Jinapor announced strict new spending controls for all energy agencies. Any expenses that aren't absolutely necessary must stop immediately, and even essential spending will require special permission before proceeding. The Minister didn't mince words about the situation, saying the energy sector faces serious financial problems requiring tough but necessary decisions. The Cabinet also approved building a second mooring system in Tema for fuel ships. The country currently relies on just one system to unload gasoline and diesel. Demand has jumped 186 percent since 2006, yet the infrastructure hasn't kept pace. This bottleneck creates huge delays and extra costs and makes fuel supply less reliable for everyday Ghanaians. Plans include constructing additional fuel storage tanks near Takoradi in western Ghana. This expansion would create more flexibility in how fuel reaches people throughout the country. The government wants private companies to participate more actively in distributing fuel products. These combined efforts aim to strengthen Ghana's energy systems and support greener alternatives moving forward. [/QUOTE]
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Ghana Boosts Renewables With Investment Fund
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