Nigerian Breweries Plc on Thursday, commissioned a 663.6kWp solar power plant for its Ibadan, Oyo state operational plant.
The project which was conceived in 2019, is a 15-year solar services agreement between Nigerian Breweries and Cross Boundary Energy. Under the agreement, Nigerian Breweries will only pay for solar power produced, receiving a single monthly bill that incorporates all maintenance, monitoring, insurance and financing costs.
The plant is anticipated to save the Nigerian Breweries N23 million of electricity cost annually.
Speaking during the commissioning, Nigerian Breweries’ Managing Director, Jordi Borrut Bel, said the power plant is based on Power Purchase Agreement (PPA) with Cross Boundary Limited while the technical solution was developed, installed and commissioned by Topec (PON Power).
The plant, according to Bel, will supply approximately 800MW/h of solar electricity to the brewery annually at a significant discount to Nigerian Breweries’ current cost of power, while also reducing the site’s CO2 emissions by over 10,000 tonnes over the life span of the plant.
Chairman of the company, Kola Jamodu, noted that the solar plant would help to reduce company’s spending on diesel and other fossil fuel in the plant operations.
He noted that with the successful commissioning of the plant, plans have been concluded to install similar solar power plant in Lagos and Aba operaring units.
“Nigerian Breweries Plc is on a path to achieving carbon neutrality in production by 2030. We are working to achieve this by reducing our overall carbon emissions by 30 percent by 2030 while also working with our suppliers and partners to achieve carbon neutrality across our full chain by 2040. Reducing our carbon emission involves transitioning to cleaner forms of energy within our breweries and have hit the ground running with our very first solar plant in Ibadan” , he statedGovernor Makinde
In his remark, Oyo State Governor Makinde, said that the commissioning was important as it represents manufacturers’ who consistently proffer solutions to the various challenges in their operations, most especially in their energy requirement.
“This solar plant will reduce the industrial carbon flare threat and it is a step further into a low carbon climate resilient economy”
“It is laudable that NB has been able to surmount part of our energy challenges with the new technology that can supply 800MW/h to the Ibadan brewery annually while reducing Co2 emissions by over 10,000 tonnes over the lifespan of the plant. It is indeed a tall ambition and if there is anything you want us to do, we are here to support you,” he said. .
Makinde said that the manufacturing sector is critical to the economic will of any country and it is the main catalyst for industrialization of any nation, adding that no nation has ever become industrialized without promoting manufacturing activities.
He said: “It is very disheartening that the Nigerian power sector cannot provide adequate electricity to industries and domestic households despite being a rapidly growing economy that is blessed with large deposit of both oil and gas aside aside being Africa largest oil producer. Sadly, only 40 percent of the Nigerians population is connected to the national grid”