VRA To Generate More Power...Wind, Solar In The Offing
THE Volta River Authority (VRA) has initiated moves to generate 100 megawatts of wind and solar power by the end of this year at the cost of $40 million. Sites have been acquired in the northern sector of the country for the installation of the solar equipment and the coastal areas where wind turbines will be mounted. The Chief Executive of the VRA, Mr Kweku Andoh Awotwi, stated this at a public lecture to mark the 50th anniversary of the authority in Accra yesterday. It was on the theme, "Powering the economy of Ghana and setting the standard for public sector excellence in Africa". Present at the lecture were four former chief executives of the VRA, namely, Mr Louis Casely-Hayford, Mr E.K. Kalitsi, Dr Charles Wereko-Brobby and Mr Joshua Ofedie. With a production capacity of 1,300 Gigawatts per hour (Gwh) in 1967, the VRA has grown to a current output of more than 10,000 Gwh. Mr Awotwi explained that the northern sector had been identified as the best area to site the solar equipment because of the high temperatures, while the coast had been selected for the wind turbines because of the abundance of wind. He added, however, that feasibility studies would be done to ascertain whether other areas in the country could host wind turbines. He said Ghana's power generation capacity was set to increase in the coming years, with the Bui Dam providing 400 megawatts and the various expansion programmes being embarked upon also supplying another 400 megawatts. He added that with wind and solar delivering 100 megawatts, the country would soon have an additional 900 megawatts of power. He traced the history of the VRA from the 1960s, saying from a company which made profit of about S60 million dollars a year, the VRA had fallen on hard times since the commencement of thermal operations in the last decade and in a particular year made losses of about $300 million. He said the company's losses, including government support, had exceeded $1.6 billion from 1997 to 2010. "Over the past decade, VRA's finances, without government support, would have been worse due to the high bill to run the thermal facilities," he added.
Source: Daily Graphic/Ghana