With the ratification, the government can leverage on the opportunities offered by the alliance to accelerate Ghana's quest to increase its renewable energy mix, including solar, from the current one per cent to 10 per cent by 2030.
Ghana's vision on solar
Mr Agyarko said the government's policy goal regarding renewable energy was to increase the penetration of renewable energy, including solar, in the energy mix.
"The target associated with this goal is to achieve 10 per cent renewable energy contribution by 2030 from the current contribution of an estimated one per cent," he said.
To that end, he said, the government would encourage increased private sector investment in utility scale solar and wind energy projects.
The minister said all the hydro-power plants in the country would be converted to hybrid-power plants to operate both hydro and solar.
He said under such combination, the plants would use solar during the day and operate hydro at night.
That, Mr Agyarko said, would expand the possibilities of the dams and also conserve the water in the reservoir much better.
He said there were also plans to connect all public junior high and senior high schools to solar power.
Significance of ISA
He said Ghana had a lot of solar energy resource and it needed to have enough avenues and alliances to help it exploit solar energy to increase its energy mix.
He said the ISA allowed 121 countries and organisations rich in solar resource and lying between the tropics of Cancer and Capricorn to collaborate in research, technology and investment to deepen the use of solar energy.
He said Ghana could also be attractive to investments and put the country on a better platform to increase its solar energy generation.
Mr Agyarko said Ghana could also access part of the $2 billion out of the $10 billion of lines of credit pledged by India to Africa.
Mines and Energy Committee
The Chairman of the Mines and Energy Committee, Mr Emmanuel Akwasi Gyamfi, said the framework agreement would enable the government to take advantage of the opportunities offered by the ISA to increase its renewable energy mix.