MARKET / GHANA
#10Continent rank
15Deals tracked
$2,152mCapital tracked
2,953 MWPipeline
5 MWOperational (tracked)
1,780 MWInstalled RE (2024, IRENA)
92%Electricity access (2024, World Bank)
$114.2bnGDP (2025, World Bank)
1.59%RE capital / GDP (12M)
Market primer
structure, counterparties and bankability context| Region / power pool | Western Africa · WAPP |
| Main offtaker | ECG |
| Regulator | PURC / Energy Commission |
| PPA framework | Not yet researched |
| Currency / convertibility | GHS · Not yet researched |
| GDP per capita | $3,257 (2025, World Bank) |
| Sovereign ratings | Moody’s — · S&P — · IMF DSA — |
| Last updated | pending |
Installed renewables
2015–2024, MW (IRENA)Deals
every row source-linked| Date | Deal | Type | $m | Conf |
|---|---|---|---|---|
| 2026-06-25 | EBID Renewable Energy Financing Package | guarantee_facility | 100 | B |
| 2026-06-25 | Zafiri Renewable Energy Access Initiative | grantpledge | 176 | B |
| 2026-05-29 | Ewoyaa Lithium Project | ma | 210 | B |
| 2026-05-19 | Solar Net Metering Programme | grant | 85 | — |
| 2026-05-12 | EU Africa package announced in Ghana | grant | 1,170 | B |
| 2026-03-31 | Ci-Gaba Fund | equity_raise | 35 | C |
| 2025-11-30 | B5 Plus Group Ltd. | equity_raise | 15 | A |
| 2025-11-30 | National Clean Energy Programme (NCEP) | grant | 200 | B |
| 2025-11-30 | Centre of Excellence in Green Energy Technology | grant | 6 | B |
| 2025-10-13 | Rana Energy Pre-Seed | equity_raise | 1 | A |
| 2025-09-29 | EU Global Gateway Africa clean energy package (9 countries) | grantpledge | 638 | B |
| 2025-07-16 | Ghana Scaling Up Renewable Energy Programme (STRIP) | grant | 85 | B |
| 2025-07-01 | Bishops' Green Energy Initiative (GCBC Institutional Solar Programme) | corporate_debt | 19 | B |
| 2025-03-26 | Ministry of Energy and Green Transition | grant | 77 | B |
| 2023-12-01 | Norbert Anku Solar Plant | project_finance | 150 | B |
Project pipeline
Tariffs & policy
| Date | Program / deal | US¢/kWh | Conf |
|---|---|---|---|
| 2018-01-01 | Solar Feed-in Tariff | 19.00 | B |
| 2020-01-01 | Bui floating solar project | 10.00 | B |
| 2026-03-02 | African Development Bank-funded mini-grids | 38.00 | B |
| 2026-07-17 | Ghana-Singapore Article 6 Carbon Credit Agreement Government of Ghana; Government of Singapore |
| 2026-07-15 | Ghana electrification milestone with gender equity gap: 86% electrification; 21% female energy employment |
| 2026-06-05 | Public Facilities Energy Sustainability Action Plan (PF-SEAP) Energy Commission; Ministry of Energy and Green Transition; GIZ |
| 2026-05-06 | Pension Fund Infrastructure Investment Reform National Pensions Regulatory Authority (NPRA) |
| 2026-04-08 | Power Sector Debt Restructuring and Reform Government of Ghana; World Bank |
| 2026-03-29 | National Climate Atlas Ghana Meteorological Agency; Danish Meteorological Institute |
| 2026-03-26 | Sustainable Energy and Energy Efficiency for Climate Protection II (SE4C II) GIZ Ghana; Ministry of Energy and Green Transition |
| 2026-03-24 | Ghana Nuclear Power Programme Ghana Atomic Energy Commission; Nuclear Power Institute; Ministry of Energy and Green Transition |
| 2026-03-23 | Renewable Energy Masterplan (REMP) 2026-2030 Ministry of Energy and Green Transition; UNDP |
| 2026-03-23 | 24-Hour Economy Act Gov of Ghana |
| 2026-03-19 | EV Charging Tariff Framework |
| 2026-02-19 | 24-Hour Economy Authority Bill 24-Hour Economy Authority; Government of Ghana |
| 2026-02-17 | National Biofuel Policy Development Government of Ghana |
| 2026-01-12 | Energy Sector Debt Clearance Government of Ghana |
| 2026-01-01 | 2026–2030 Multi-Year Tariff Order (MYTO) Public Utilities Regulatory Commission (PURC) |
| 2025-12-05 | Ghana US$3.4 Billion Renewable Energy Investment Plan (2025-2030) Ministry of Energy and Green Transition (Ghana) |
| 2025-12-03 | PURC 2026-2030 Multi-Year Tariff Review (MYTO) Public Utilities Regulatory Commission (PURC); Volta River Authority |
| 2025-12-03 | Net-Metering Application Portal (SREP/NMPV) Ministry of Energy and Green Transition; Electricity Company of Ghana; Northern Electricity Distribution Company; Energy Commission; Public Utilities Regulatory Commission |
| 2025-11-27 | Renewable Energy Oversight and Regulatory Strengthening Initiative Energy Commission; Ministry of Energy |
| 2025-10-31 | Energy Transition Framework 2070 Ministry of Energy and Green Transition |
| 2025-10-29 | National Energy Compact – Ghana (2025–2030) MoEnGT; Energy Commission; PURC; ECG; NEDCo; GRIDCo; VRA; NPA; GHACCO; CDMU |
| 2025-10-29 | Green Jobs Incentive and Concessionary Loan Programme Ministry of Labour, Jobs and Employment |
| 2025-10-27 | Green Jobs Investment Incentive Programme Ministry of Labour, Jobs and Employment |
| 2025-10-16 | Ghana Energy Transition Roadmap 2030/2060 Ministry of Energy and Green Transition |
| 2025-10-03 | Deliver Training Programme for the Implementation of New Regulations on Cooling Appliances and Hydrofluorocarbons UNDP; Energy Commission; Environmental Protection Authority |
| 2025-09-30 | Energy Transition Framework Ministry of Energy and Green Transition (Ghana) |
| 2025-09-26 | PURC Q4 2025 Quarterly Tariff Adjustment Public Utilities Regulatory Commission (PURC) |
| 2025-09-18 | Accelerated Zero Routine Gas Flaring Target Petroleum Commission |
| 2025-09-09 | Renewable Energy Target (Excluding Hydropower) 2030 Ministry of Energy and Green Transition (Ghana) |
| 2025-09-02 | ISA Africa Solar Facility International Solar Alliance; Africa50 |
| 2025-08-20 | Green Cooling Project GIZ; Environmental Protection Agency (EPA); Energy Commission |
| 2025-05-05 | Competitive Procurement Process for Solar Power Generation Ghanaian government, Ministry of Energy and Green Transition, Deputy Minister for Energy and Green Transition Richard Gyan Mensah |