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In Ghana, energy is costly and energy security is a major concern. Increasing the development of green energies and technologies is a key condition to a sustainable economic growth. SUNREF is designed to help businesses and households in Ghana to seize the opportunities of the ecological transition.

This innovative program is part of a worldwide initiative developed by AFD to mobilise public and private banks to finance private sector investments involving green technologies and sustainable energy. In addition, the EU is supporting the Programme by financing the technical assistance component, as well as providing an investment grant to eligible projects.

Together with local partner banks Calbank and GCB Bank, SUNREF Ghana is offering businesses, organisations and households an opportunity to access financing for sustainable energy projects, and assistance in structuring green investments.

 

The SUNREF Ghana Programme

  • A loan with very compel the loan facility on competitive terms
  • A grant of up to 10%
  • Free technical assistance for project implementation

 

SUNREF Ghana is aimed at any business individual or household implementing a renewable energy or energy efficiency project, or a project that reduces environmental impact. Priority sectors for the SUNREF Ghana Programme include:

  • Hospitality
  • Agriculture
  • Manufacturing & Processing
  • Commercial Properties
  • Retail (Supermarkets)
  • Healthcare (Private Hospitals)

There is a simple application process for participation in the SUNREF Ghana Financing Programme. In addition, Calbank and GCB Bank will ensure a fast-track approach for small projects. You’ll enjoy customised support from the loan application right through to implementation.

The local partner banks will guide you to make the right investment decision, and provide support for the development of viable, innovative and profitable green projects.

 

SUNREF Ghana - Criteria and Eligibility

Financial Indicators

Maximum investment cost: $8 million

 

Technical Indicators - Types of reliable renewable energy projects

  • Thermal photovoltaic solar system
  • Solar photovoltaic systems
  • Wind turbines
  • Conversion of large quantities of waste into biomass and biomass combustion systems for heat and / or power generation
  • Heat and / or electricity generating system by use of a biogas source
  • Installation of solar water heatersSmall-scale hydro power plantsGeothermal power production facilities

 

Technical Indicators - Types of eligible energy efficiency projects

  • Replacement or upgrading of energy-intensive equipment
  • On-site cogeneration of heat and electricity or tri-generation (heat, refrigeration, electricity)
  • Replacement of boilers (higher quality control systems, energy saving systems, etc.)
  • Installation of a heat recovery unitEfficiency retrofit of buildings (thermal insulation, windows replacement, etc.)
  • Upgrading of existing ventilation / air conditioning systems
  • Implementation of energy management systems or building management systems
  • Replacement of
  • Modernisation of the lighting system
  • Other types of projects leading to lower energy use in households or industrial/ business processes

 

Other Types of eligible energy efficiency projects

  • Pollution abatement projects
  • Water efficiency projects
  • Waste management projects
  • For more information on how to access financing for green projects, contact your Relationship Manager at Calbank and GCB Bank

  • The Energy Minister takes delivery of Hyundai KONA for test drive

The Energy Commission joined the Minister to take delivery of the Hyundai KONA electric vehicle for test drive at the Ministry of Energy on Wednesday 16th June 2021

Hyundai test drive

KONA

 

  

  • Energy Commission holds a Stakeholder Meeting with CEOs of Oil Marketing Companies (OMCs) in Accra

The Energy Commission joined CEOs of OMCS in April 2021 at the Association of Oil Marketing Companies (AOMC) meeting to discuss opportunities

for the members under its E-mobility campaign; Drive Electric Initiative. Several OMCs expressed interest in installing charging stations at their fuel stations

across the country after the meeting. 

Gallery

 

 

 

  • Energy Commission joins ECG & POBAD International to inaugurate a Charging Station

    Read more 

 

   Charging KONA.jpeg

 

  • EC officials install a power analyser on an Electric Bus

The Commission visited the NODOK Logistics Ltd in Tema to analyse the power consumed by their Changan E60, a 17 seater bus.

The company plans to change most of its fleet of buses to EVS due to the massive savings in fuel over the period.

 

1. POBAD Charging Station located at A&C Mall, East Legon  

A C Mall

 

 

 

2. Porsche Charging Station located at Total Fuel Station, Liberation Road

Total

 

 

 

3. Porsche Charging Station located at Palace Mall, Spintex

Palace

 

 

4. Porsche Charging Station located at Kempinski Hotel Parking Lot

Kinspiski

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