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Financing a solar panel factory in Ghana: The German Development Bank makes progress in its support

04/12/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The German Development Bank KfW advances in its support for the financing of a 75 MW solar panel factory in Ghana. He is a strategic project for green industrialization, substitution to imports and the creation of a solar hub in West Africa.

The strategic project with a projected capacity of 75 MW online semi-automated is carried out on behalf of the German Federal Ministry of Economic Cooperation and Development (BMZ). It is a step major for the country's green industrialization. The future factory will incorporate robotic systems and advanced equipment in order to optimize productivity, quality and speed of assembly, while training local staff highly qualified. The initiative is part of a cooperation strategy German-Ghanaian aimed at supporting job creation, the rise in skills and the reduction of carbon emissions. The project covers the entire value chain, from solar cell processing to performance tests, including lamination and tracking software.

The aim is to reduce Ghana's dependence on Chinese imports and to stimulate a circular economy around renewable technologies. This funding also reflects the ambition Increasing demand for Germany to support the energy transition in Africa Sub-Saharan Africa, by supporting projects capable of generating several hundred of skilled jobs and to strengthen local supply chains. TO Ultimately, the factory could position Ghana as a regional export hub of solar modules to ECOWAS countries.

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