Alternate and renewable energy sources have been on the rise over the past decade around the world with different countries investing in wind, hydro and solar power. Utility-scale solar PV has become a hot contender for the most accessible and used energy source internationally, coming close to wind energy as the second cheapest renewable energy source. A record 93.7 GW—more than the total capacity in 2011 (69 GW)—was added globally in 2017 across 187 countries, bringing the total capacity to 386 GW, led by China, Japan, Germany, the United States, Italy, India, and the United Kingdom. Solar has reached price parity in almost all these markets so far, a good sign for the future of solar renewable energy.
The sun is a source of energy for every living thing on the planet and cannot only contribute to the production of energy and growth in countries that commit to PV solar energy, but create opportunities, jobs and improve the of quality of life. Ghana is ideally positioned to grow its solar industry in a meaningful manner in the future. In countries like Germany the government took initiative to make PV solar financially viable and create an environment for the industry to grow and now it is one of the best producers of solar power in the world.
Germany gets about half the sun that Ghana does and so if the Ghanaian government were to implement law and begin backing the use of solar power in the country the opportunity for rapid growth and renewable energy independence are great. By investing in PV, implementing renewable energy law and financing a levy within the electricity cost of all end clients Ghana could rapidly grow their solar industry. And just as Germany did, by investing in PV when it was expensive, after the boom the prices will drop, and solar energy will become a cheap and sustainable source of energy for the country.