Nigerian Breweries (NB) will install a 650kw solar plant at its Ibadan plant, the first of its kind for Nigeria from any corporation, InsideOyo.com gathered.
This landmark project according to a corporate disclosures seen by InsideOyo.com on Thursday, is the first of its kind in Nigeria as it will supply 1GWh annually to the Ibadan Brewery at a significant discount to the current cost of power.
The project, NB also said it will also reduce the Brewery’s CO2 emissions by over 10,000 tonnes over the lifespan of the plant.
The Managing Director of Nigerian Breweries, Mr. Jordi Borrut Bel, stated: “We are delighted to be a pioneer in the adoption of solar energy in Nigeria.
“The solar plant will help power our world-class brewery in Ibadan, enabling us to deliver on commitments under our ‘Brewing a Better World’ initiatives and supporting Heineken’s global ‘Drop the C’ programme for renewable energy.
In addition to helping to power our world-class Brewery in Ibadan, the solar plant will enable us to deliver on our ‘Brewing a Better World’ initiative. This will support our parent company’s (Heineken NV) global ‘Drop the C’ programme for renewable energy which is aimed at growing production-related energy sourced from renewables from the current level of 14% to 70% by 2030.
The solar plant will equally lead to the creation of jobs in the engineering, construction and maintenance sectors, while supporting the Nigerian Electricity Regulatory Commission’s target of having 2,000MW of power capacity from renewables by 2020. NB will continue to create partnerships aimed at adding value to its business, the Nigerian economy and the environment.
The project was signed alongside CrossBoundary Energy. CrossBoundary Energy will be installing and operating a 650 kw solar plant located at NB’s Ibadan Brewery as part of a 15-year solar services agreement.
Under the agreement, NB will only pay for solar power produced, receiving a single monthly bill that incorporates all maintenance, monitoring, insurance and financing costs.
