Dr. Matthew Opoku Prempeh (center) speaks with Kojo Aduhene as others look on.
Ghana’s industrialization plans are expected to be boosted by the presence of Africa’s largest ‘rooftop solar power project’, located in the Tema Free Zone Enclave.
The rooftop solar project, owned by Helios Solar Company (Helios) and part of the LMI Holdings group, will provide 16.82 megawatts of energy to Helios and its partners.
The Chief Executive Officer of LMI Group Holdings, Mr. Kojo Aduhene, disclosed this during a day-long visit to the project site by the Minister of Energy, Dr. Matthew Opoku Prempeh and his team.
According to him, this achievement by Helios Solar is an important milestone for the company and underlines its commitment to furthering Ghana’s industrialization ambitions.
The project was awarded to the International Finance Corporation (IFC) as part of a $30 million clean power and water agreement with LMI Holdings to support job creation and green, sustainable and competitive industrial development in the country. It is fully funded by.
“As an indigenous company in Ghana, LMI is committed to the mission of furthering Ghana’s industrial ambitions and boosting exports. Our partnership with IFC gives LMI the means and space to make big bets in Ghana and beyond. Through this investment, the project will demonstrate how the private sector can bring effective solutions to development challenges. LMI Holdings’ Helios Solar We seek to support Ghana’s industrialization ambitions and support job creation towards a greener and more sustainable future,” Mr Aduhene said.
Kyle Kelhofer, IFC’s Senior Country Manager for Ghana, added: “This project demonstrates how the private sector can deliver effective solutions to development challenges and support job creation. ” he said. Through this investment, IFC’s first to finance both infrastructure and development in an industrial economic zone in sub-Saharan Africa, IFC is supporting Ghana’s industrialization ambitions for a greener and more sustainable future. . ”
The solar power plant is expected to reduce Ghana’s emissions by approximately 13,000 tonnes of CO2 equivalent per year compared to thermal power generation on the current national grid.
The solar power project involves the installation of 29,252 solar panels of the latest N-type technology across the 95,000 square meter rooftop area of the international warehousing company’s mega warehouse in Tema Free Zone. A total of 128 Ghanaian nationals are directly employed in the implementation of the solar power project.
Once in use, the solar power system is projected to generate 24,750 megawatts per hour (MWH) of clean, stable, sustainable electricity per year, equal to the annual consumption of 55,000 households, That is equivalent to the annual consumption of 55,000 households. This power plant can power 55,000 homes.
![](https://www.myjoyonline.com/wp-content/uploads/2023/11/energy-7-1024x683.jpg)
![](https://www.myjoyonline.com/wp-content/uploads/2023/11/energy-7-1024x683.jpg)
The solar power project is being designed by Ghana-based solar energy company Dutch & Company, which is the EPC and O&M contractor for the project.
LMI Holdings is an industrial and real estate development group providing construction, land development, utilities and logistics services in Ghana. LMI is fully funded by Ghanaian entrepreneur Kojo Aduhene.
![](https://www.myjoyonline.com/wp-content/uploads/2023/11/energy-9-1024x683.jpg)
![](https://www.myjoyonline.com/wp-content/uploads/2023/11/energy-9-1024x683.jpg)
Disclaimer: The views, comments, opinions, contributions and statements made by readers and contributors on this platform do not necessarily represent the views or policies of Multimedia Group Limited.