Ghana PV-BESS Optimization Report

Residential Solar + Battery Deployment Analysis

Q1 2026Confidential

Ghana Residential Solar + BESSOptimal Design Report

Comprehensive technical and financial analysis for distributed generation deployment across Standard Urban, Mid-Income Urban, and Upper Residential segments.

Prepared by UtCSMarch 2026Confidential

3.2M

Target Market

Active residential customers

17.82%

Blended IRR

Internal rate of return

$19.47M

Total Investment

Phase 1 + Phase 2 capital

6.53×

MOIC

Multiple on invested capital

6.5 yrs

Payback Period

Average across segments

500

Phase 1 Pilot

Households in Tema

Market Opportunity

Ghana electricity sector analysis

ECG Prepaid Connections3.8M

Active Customers3.2M (84%)

Standard Residential (31-300 kWh)2.6M (68%)

Upper Residential (>300 kWh)400K (11%)

Annual Tariff Escalation (MYTO)+9.86%

Market Challenges

Key pain points creating demand

Power Reliability (Dumsor)

Frequent outages from generation shortfalls and grid failures

ECG Financial Distress

Accumulated debt exceeding $2 billion, technical insolvency

Tariff Escalation Pressure

9.86% annual increase under 2026-2030 MYTO framework

Investment Recommendation

Proceed with Phase 1 pilot deployment ($1.53M) to validate technical and financial models, followed by Phase 2 expansion ($17.94M) contingent on Phase 1 performance meeting IRR and payback targets.

5,500

Total Households

17.82%

Blended IRR

6.53×

MOIC (20-year)

6.5 yrs

Payback Period