PRICING, LAND ACQUISITION FOR LARGE SCALE SOLAR PROJECTS: A BRIEF FORAY INTO THE CHALLENGES, METHODS, COSTS AND PRACTICES
As Ghana transitions to renewable energy, large-scale solar photovoltaic (PV) projects are gaining momentum. However, one of the biggest challenges investors face is land acquisition . The complexity of Ghana's land tenure system, community concerns, and bureaucratic hurdles make acquiring land a critical but challenging step in solar project development. This article breaks down the land acquisition process for solar projects in Ghana, highlighting the methods used, challenges faced, and best practices to ensure a smooth transition to renewable energy. Understanding Land Acquisition Methods There are two primary ways through which land is acquired for solar projects in Ghana: 1. Private Treaty Acquisition Private treaty acquisition occurs when an investor negotiates directly with a landowner (or a group of landowners) to lease or purchase land . This is the most common approach for solar projects. Advantages : Faster and more flexible than government-mandated acquisitions. Allo...