Tag Archives: energy sector

Ghana’s Green Transition: Ministers to Adopt Electric Vehicles In a significant move towards sustainability, the Government of Ghana has announced that ministers of state will soon begin using electric vehicles (EVs) as part of its broader green transition initiative. This development was revealed by Mr. John Abdulai Jinapor, the Minister of Energy and Green Transition, during his half-year report on …

Expansion of South Korean Power Equipment Industry in the U.S. Market South Korea’s LS ELECTRIC, a subsidiary of the LS Group focused on power and automation systems, has recently secured a significant contract worth 170 billion won ($123 million) to supply ultra-high-voltage transformers to renewable energy facilities across several western U.S. states. The company will manufacture these components domestically and …

The Global Shift Toward Electric Vehicles Continues Unabated Electric vehicles (EVs) are playing a pivotal role in reshaping the global energy landscape. They are already displacing millions of barrels of oil per day, contributing significantly to reducing carbon dioxide emissions. This trend is expected to accelerate over the next decade, marking a major shift away from fossil fuels. Despite recent …

China’s Offshore Wind Energy Expansion: A Major Shift in Renewable Development China is making significant strides in its offshore wind energy sector, positioning itself as a global leader in renewable energy development. This rapid growth aligns with the country’s broader goals of achieving carbon neutrality, enhancing energy security, and fostering the marine economy to drive economic growth. According to a …

A Historic Milestone for Solar Power in the EU In a groundbreaking development, solar power generated more electricity than any other source in the European Union (EU) last month. According to new data from the energy think tank Ember, solar accounted for 22.1% of the EU’s electricity mix in June 2025, surpassing nuclear and significantly outpacing fossil fuels. This milestone …

The Importance of Accurate Metering in the Oil and Gas Industry Engineers and Brew Solutions Limited has emerged as a key player in delivering innovative solutions for the oil and gas sector. Recently, the company organized the first-ever Oil and Gas Measurement and Metering Summit in Accra, showcasing its dedication to promoting transparency and accountability within the industry. The summit, …

IMF Highlights Critical Challenges in Ghana’s Energy and Cocoa Sectors The International Monetary Fund (IMF) has emphasized the importance of addressing persistent challenges in Ghana’s energy and cocoa sectors as part of broader efforts to sustain fiscal reforms under a $3 billion bailout programme. This comes after the IMF’s Executive Board approved the fourth review of the Extended Credit Facility …

Inquiry into Power Purchase Agreements Sparks Debate Over Energy Costs A parliamentary committee has initiated an investigation into the contentious Power Purchase Agreements (PPAs) with Independent Power Producers (IPPs), as public demand grows for measures to curb the rising cost of electricity that is placing a heavy burden on households and businesses. The National Assembly’s Public Investments Committee on Commercial …

Regulatory Actions and Refund Directives for Power Distribution Companies The National Electric Power Regulatory Authority (NEPRA) has issued several directives concerning the refund of overcharged amounts to consumers by state-owned power distribution companies (Discos) and K-Electric. These actions stem from discrepancies in fuel cost adjustments, which have been a point of contention between the regulator and various stakeholders. Fuel Cost …