Eric Seddy Kutortse, Executive Chairman of First Sky Group, has called on local professionals to spearhead the future of Ghana’s energy sector. He emphasized that the country possesses the necessary local expertise to manage both current and upcoming energy projects, which are crucial for economic growth.
During a recent inspection of a 50MW solar photovoltaic power station under construction in Yendi, Kutortse highlighted the importance of utilizing Ghana’s natural resources—such as sun, wind, and water—to ensure energy security and decrease dependence on imports. This inspection, held on September 30, 2024, was attended by a delegation from the Parliamentary Committee on Energy, including its Chair, Hon. Owuraku Aidoo, and other notable officials.
The project, executed by First Sky Limited, a member of First Sky Group, is the largest fully Ghanaian-owned renewable energy initiative to date, covering approximately 140 acres. Kutortse noted that this landmark project not only signifies a major investment, but also positions Ghana as a leader in the global shift towards renewable energy. He stated that all experts involved in the project are Ghanaians, further underscoring its local ownership.
The Chief Executive Officer (CEO) of the Bui Power Authority, Samuel Kofi Dzamesi, praised First Sky Group for this significant achievement, marking it as the first solar plant built by a Ghanaian company, in contrast to previous projects typically undertaken by foreign entities. He explained that First Sky is responsible for the engineering, procurement, and financing of the initiative, which will provide power for sale while repaying the financing over eight years.
Owuraku Aidoo, Chair of the Parliamentary Committee on Energy, confirmed that the Yendi project aligns with the government’s goal of achieving 10% of its energy mix from renewable sources.
Deputy Chief of Staff, Emmanuel Adumua-Bossman, expressed satisfaction with the project’s progress, highlighting the warranty on the solar panels, ensuring their performance over the next twenty-five years.
Board Chair of Bui Power Authority, Kwesi Ameyaw-Cheremeh, also commended First Sky’s accomplishments, asserting that it reflects the potential of indigenous companies to contribute significantly to the nation’s development.
First Sky Limited plans to complete the project in two phases, with 20MW expected by October 2024 and the remaining 30MW by the end of the year. This initiative is a vital step toward enhancing Ghana’s energy security and advancing the country’s energy transition agenda.
Prior to the inspection, the delegation paid a courtesy visit to Yaa Naa, the King of the Dagbon Kingdom, for his blessing on the project.
