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02.04.2016 Business & Finance

Strategic Power Solutions launches ultramodern solar panel plant

Strategic Power Solutions launches ultramodern solar panel plant
LISTEN APR 2, 2016

Accra, April 2, GNA - The Strategic Power Solutions (SPS), has launched an ultramodern solar panel manufacturing plant at Kpone near Tema to promote development in the country.

The over $20 million privately owned project, currently generates 30 megawatts peak/year (MWp/year) and it is expected to be upgraded to 100 MWp/year; to offer a range of solar modules using an internationally certified line.

In addition to modules that are produced in Ghana, SPS also provides a variety of top-of-the-line building integrated photovoltaic (PV) modules.

It will also focus on the packaging of solar solutions that will promote development and human security while providing unlimited power and customised solution to satisfy the different segment of society.

The solar modules of SPS, which are of all sizes, includes micro/macro solar grid system and also the supply and installation off-grid and grid systems, PV systems and PV streetlights.

SPS is a subsidiary of Strategic Security Systems International (3SiL), an independent Ghanaian-owned conglomerate and a leading supplier of specialised goods and services including solar lighting systems and other associated bespoke products.

Dr Francis Akuamoah-Boateng, the Chairman of SPS, said his inspiration for the project was born out of his desire to make a meaningful contribution to the socio-economic growth of Ghana.

'In my eyes, success that does not impact my country and its citizens is no success at all,' he said.

The company has through its innovation improved the lives of Ghanaians, especially rural dwellers through its installation of 20,000 solar street lights in the Northern Region and other part of the country.

Dr Akuamoah-Boateng said the production and supply of alternative power sources and clean energy was one of the areas in which Ghanaians could take the future into their own hands, and called for support in that regard.

Mr Oheneba Ofori Boateng, the Chief Executive Officer of SPS, said there was the need for more 'approaches towards the use of renewable and clean energy at a time when Ghanaians were still looking for alternative, stable and affordable energy solutions to complement what was produced by the national grid; and luckily in our part of the world we are fortunate to have such resources in abundance'.

'SPS brings on board lessons learnt from previous attempts made by other companies as well as results from intense consultations from diverse stakeholders which we have woven into a robust strategy.

'This is what makes us work for greater contribution and penetration into the Ghanaian market,' he said.

Former President John Agyekum Kufuor said the private sector was the engine of growth for the economy and called on government to continue creating an enabling environment for it flourish.

He called for the promotion of safer and affordable means of energy generation such as solar, to help save the planet from further deterioration from the effects of greenhouse gas emission from industries.

Dr Mensah Otabil, the General Overseer of the International Central Gospel Church, appealed to Ghanaians to renew their faith in the nation's foundational principles of freedom and justice in addition to work and happiness.

He said Ghana did not have big problems but 'we have little problems that have grown into national crises'.

He said the government must create open doors for the people to go into entrepreneurship because 'we don't want government to feed us; because we can feed ourselves if the doors are opened for us to work.'

Otumfuo Osei Tutu II, the Asantehene in a speech read on his behalf by the Akyempimhene, Nana Adusei Poku, lauded Dr Akuamoah-Boateng and his son Mr Ofori Boateng, for coming out with such a laudable and innovative initiative to help address the energy needs of Ghanaians and the West Africa Sub-Region.

He hailed their spirit of entrepreneurship and creativity which according to him is the essential component needed by the country to attain greater economic heights.


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