Ghana has received a significant boost to its renewable
energy ambitions after Kambic Industrial Partners signed a strategic memorandum
of understanding (MOU) with India-based Greenesol Power System Pvt. Ltd. to
develop large-scale biomass and waste-to-energy projects in Ghana and other
African countries.
Under the agreement, the two companies will first develop a 100-megawatt
bamboo-fired biomass power plant in Ghana, which would rank among the
largest of its kind in the world. The deal was signed by John Kaku Mason, CEO
of Kambic Industrial Partners, following a series of investment engagements in
India to attract long-term energy infrastructure capital to Ghana.
Ghana faces rising electricity demand driven by urbanization, industrial
growth, and population expansion. While the country relies mainly on hydro and
thermal generation, policymakers have been seeking to diversify into renewable
sources to strengthen energy security and reduce carbon emissions.
The proposed bamboo biomass plant is expected to provide baseload
renewable power using fast-growing bamboo as fuel. Bamboo is regarded as a
high-yield energy crop with strong carbon absorption capacity and minimal
competition with food agriculture.
Greenesol Power System is an established Indian engineering, procurement, and
construction (EPC) company specializing in biomass power, solid-waste-to-energy
facilities, and environmental protection technologies. The firm has delivered
large-scale power projects internationally, including one of the world’s
largest waste-to-power generation plants in Hyderabad, India.
Kambic Industrial Partners is an Africa-focused industrial
development firm active in energy, mining, agriculture, and infrastructure. The
company is also developing a bio-refinery complex in Ghana’s Eastern Region
to produce ethanol, sustainable aviation fuel (SAF), energy pellets, and other
bio-based chemicals.
John Kaku Mason said the partnership reflects growing international confidence
in Ghana and the wider region as destinations for long-term infrastructure
investment.
“Africa has both the resource base and the market to support
industrial-scale renewable energy,” he said. “Our role is to connect that
potential with proven technology providers and global capital.”
Energy analysts note that the project could serve as a model
for similar developments across the continent, where abundant biomass resources
remain largely untapped. If implemented as planned, the Kambic–Greenesol
partnership would expand Ghana’s renewable energy capacity and could help
position the country as a regional hub for clean energy development.
By Kaku Stephen
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