NewsRenewable Energy

Agyenim Boateng: Expedite action on renewable energy fund

1 Mins read

The secretary for the Association of Ghana Solar Industries says the move will mitigate some of the challenges with the funding gap to improve the use of renewable energy

Kwasi Agyenim Boateng, the secretary for the Association of Ghana Solar Industries, has called for expedited action to set up an authority to manage the renewable energy fund under the Renewable Energy Act.

This he believes will mitigate some of the challenges leading to the slow pace at which the private sector is drifting to renewable energy particularly, the funding gap.

Globally, renewable energy is being highlighted with increasing investments in many countries under the energy transition agenda.

While some energy experts are advocating the complete elimination of fossil fuels, others believe otherwise.

Speaking with Emmanuel Aboagye Wiafe on Asaase Radio’s Energy 101, Boateng said the private sector has not taken full advantage of renewables because the Act is not fully operationalised.

He also identified some other barriers which are inhibiting the movement towards renewable energy

Source: Joseph Appiah-Dolphyne | asaaseradio.com

Related posts
News

New data reveals climate change might be more rapid than predicted

3 Mins read
About 30 massive, intricate computer networks serve the scientists who stand at the forefront of climate change research. Each network runs a…
News

Ghana to benefit from climate change intervention program.Ghana to benefit from climate change intervention program.

1 Mins read
The African Development Bank (AFDB) has partnered with the Government of Finland to launch a €4 million Africa Circular Economy Facility (ACEF),…
News

United Airlines no longer accepts credit or debit cards on board

4 Mins read
Like many people, I’ve begun flying again after taking a pandemic-induced break for much of 2020 and 2021. I recently flew on…

Leave a Reply

Your email address will not be published.