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Ghana renewables target: Jinapor demands tighter financial discipline before 2030

Published: 1 hour ago
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Ghana’s government has reaffirmed its commitment to raising renewable energy penetration to at least 10% by 2030, but Energy and Green Transitions Minister John Jinapor has warned that the target will depend on much stronger financial discipline across the energy value chain.

Speaking at the Annual Stakeholders Meeting of the Bui Power Authority (BPA), Mr Jinapor said the country would need consistent policies, effective regulation and sustained investment to expand clean energy generation.

He said those measures would also be vital to strengthening the national electricity grid and protecting the energy sector’s long-term financial health.

“As Government works towards achieving at least 10% renewable energy penetration by 2030, we remain committed to providing the policy, regulatory and investment support needed to accelerate clean energy development, strengthen our electricity grid and ensure a financially sustainable energy sector,” he said.

Mr Jinapor said investment in generation and infrastructure would not, on its own, be sufficient to deliver a sustainable energy transition. He called for improved revenue collection, responsible financial management and greater discipline in payments throughout the sector.

“This must be complemented by improved revenue collection, prudent financial management and stronger payment discipline across the energy value chain to safeguard the sector’s long-term sustainability and enable continued investment in critical infrastructure,” he noted.

The minister’s comments came as he praised the BPA for what he described as an outstanding performance in 2025.

He highlighted the Authority’s success in exceeding its clean energy generation targets, increasing solar capacity and commissioning battery storage systems. He also pointed to its strong financial results and excellent safety record.

According to Mr Jinapor, the BPA’s performance illustrates the expanding role renewable energy can play in Ghana’s future energy mix.

He said the government would continue working with industry stakeholders to create the conditions needed for further renewable energy growth, while also tackling the financial and infrastructure problems affecting the sector.

The minister stressed that a successful and lasting shift towards cleaner energy would require more than increased renewable generation. The financial and operational systems supporting the industry would also need to remain resilient, he said.

Meeting the 2030 objective will therefore require progress on several fronts, including policy consistency, regulatory backing, investment, grid reinforcement and stronger financial controls.

Mr Jinapor said these elements were closely connected: expanding clean energy would require investment, but the sector’s ability to attract and sustain that investment would depend on better revenue collection, sound financial management and reliable payments across the energy value chain.

The government’s stated aim is to ensure that renewable energy development contributes to a stronger national grid while supporting the long-term financial sustainability of Ghana’s energy sector.

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Andrews Sefa Bamfo

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