Nigerian Breweries Plc announces the commissioning of a 663.6 kWp solar plant at its factory in Ibadan, Nigeria. This Solar plant is going to be managed by Crossboundary Energy, an investment firm that focuses on solar projects and facilities.

This fully financed solar Power Purchase Agreement with Crossboundary Energy is the first of its kind for a major Nigerian business customer.

The solar plant is expected to supply approximately 800 MWh to the brewery annually, at a significant discount to their current cost of power, while reducing the site’s CO2 emissions by over 10,000 tonnes over the lifespan of the plant.

Cross-boundary Energy will operate the rooftop facility on behalf of Nigerian Breweries as part of a 15-year solar services agreement. 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.

This agreement is set to change the dependence on the distribution company in Ibadan to supply electricity for factory use.

35824L:
Nice. Solar is the future. The sun never dies. It is free too.

Movieguru:
Wow... this is the kinda News we want to be hearing,and Not federal government says, federal government say!!!

sonsomegrigbo:
Oyo State alone is bigger than the whole SOUTHEAST!

Go drink agbo abeg















IGBO BECAREFUL!

Jerryherd:
They actually supply excess electricity to the breweries neighbourhood along Ife road

35824L:
Nice. Solar is the future. The sun never dies. It is free too.

samwillyco1:
Good
This is way to go, in Eastern part of the Country EEDC is Killing people with exorbitant bills. Imagine bringing bill of 30k to those living in a two bedroom apartment

sonsomegrigbo:
Oyo State alone is bigger than the whole SOUTHEAST!















IGBO BECAREFUL!

lexy2014:

What has been achieved with d bigness?

talk2maurice:
Privatized NEPA will soon start agitating.

obyrich:
This is why people are chasing them around with dogs and cutlass. Business without conscience begets public assault and embarrassment.