Richard Gyan-Mensah is the Deputy Minister of Energy and Green Transition
The Deputy Minister of Energy and Green Transition, Richard Gyan-Mensah, has announced significant growth in the Petroleum Commission’s Local Content Fund, which has expanded by 11.22% in cedi terms (GH¢29.89 million) and 27.08% in dollar terms ($2.49 million).
The fund, established to support training and capacity building for Ghanaian businesses in the oil and gas industry, is one of several initiatives driving the country’s evolving energy agenda.
Speaking at the media launch of the 9th Ghana Energy Awards, Gyan-Mensah commended the Energy Media Group for consistently celebrating innovation and leadership in the sector.
Energy sector reforms will drive inclusive growth – Richard Gyan-Mensah
Key milestones in Ghana’s Green Transition
Renewable Energy:
Over 200MW of solar projects are underway, including a 25MW floating solar plant at Bui Dam and a 30MW plant at the Kpong Reservoir, in partnership with Germany’s KfW Bank.
Rural electrification:
New mini-grids have been commissioned in Azizakpe, Aflive, and Alorkpem, bringing electricity to more than 3,700 residents in Ada. Feasibility studies for 150 additional communities in the Afram Plains are complete, with a $100 million investment planned.
Energy efficiency & safety:
Nearly 2,500 smart solar streetlights have been installed in the Ashanti Region under a pilot programme, with nationwide rollout expected.
Public sector solarisation:
A 22MW solar project across public institutions is projected to save government GH¢52 million annually.
Nuclear energy:
Ghana has advanced to Phase 2 of the IAEA roadmap, with 60% of site acquisition complete and Cabinet approval granted for the establishment of a National Operator Company.
Clean cooking transition:
About 450,000 LPG stoves have been distributed under the Cylinder Recirculation Model to reduce reliance on traditional biomass.
Gyan-Mensah further highlighted reforms aimed at improving transparency and accountability, including the cancellation of over 200 non-performing ECG contracts worth $227 million and strengthening liquidity through the Cash Waterfall Mechanism.
He reiterated that Ghana’s long-term vision is anchored on the Energy Transition Framework, launched at COP27. The $560 billion plan seeks to provide affordable power at less than 4.5 cents per kilowatt-hour, while ensuring universal access and a just transition to cleaner energy.
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