Makinde inaugurates the Nigerian Breweries Solar Power Plant In Ibadan

Makinde reaffirmed his administration's commitment to creating an enabling climate for businesses to prosper, vowing that additional efforts will be made to improve the state's investment base
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Seyi Makinde, Governor of Oyo State

Nigerian Breweries (NB) Plc has opened a Solar Power Plant at its Ibadan brewery as part of its commitment to environmental sustainability and efforts to reduce carbon emissions.

The 663.6kwp solar power plant was commissioned by Gov. Seyi Makinde on Thursday in Ibadan, according to the Nigerian News Agency (NAN).

According to NAN, the solar power facility will provide the Brewery with roughly 800MW of solar electricity each year at a significant savings to the company's current power costs.

Over the life of the plant, the solar plant is estimated to reduce CO2 emissions by more than 10,000 tonnes for the corporation.

The solar power plant, which consists of 1,680 solar panels mounted on the brewery's roof, can power 560,000 60-watt bulbs for 24 hours and manufacture 13.3 million bottles of Star lager beer, according to reports.

Makinde reaffirmed his administration's commitment to creating an enabling climate for businesses to prosper, vowing that additional efforts will be made to improve the state's investment base.

Despite national issues, he noted, the first quarter business survey revealed that the state maintained a strong outlook.

“The over 2000 surveyed companies across the state showed an over 70 per cent positive outlook and confidence. So, we plan to build on these positives to continue to foster enabling business environment.

“Let me also mention that in the coming year, while still remaining focused on the building and maintaining infrastructure across the state, we are looking to expand the investment base,” he said.

He praised the company's contributions to the state's development and asked for the company's help in developing the state's tourist sector.

Nigerian Brewery Plc Chairman, Chief Kola Jamodu, stated that the company was committed to winning with Nigeria and fulfilling its part as a responsible corporate citizen.

He claimed that the corporation has invested hundreds of billions in community development and social infrastructure, including as roads, education, and water, as a result of its collaboration with the state government.

“We decided to use it as the pilot to demonstrate our firm commitment to environmental sustainability by making a major financial investment to establish this Solar Power Plant.

“This will help us reduce dependence on diesel and dependence on all other fossil fuels.”

NB Managing Director Jordi Borrut Bel stated that the company was the first to install a solar plant on its property to supply sustainable clean energy.

He claimed the solar project will last about ten years, assuaging concerns that the new project might result in job losses at the company.

“It is my hope that we will not be the last. It is my hope that other companies and other brewers will take a cue from us, and do the same to protect and preserve our environment.

“We have not only invested in being number one in sales and profitability, we also want to be number one in environmental sustainability.

“Over the lifespan of this project, it is expected to reduce carbon emissions from our Ibadan Brewery by over 10,000 tonnes.

“I think this is an opportunity to create new jobs because this is new technology combined with old technology,” he said.

Sade Morgan, the business's Corporate Affairs Director, also stated that the firm was trying to reach carbon neutrality in production by 2030 by cutting overall carbon emissions by 30%.

“The solar power plant we commissioned at the Ibadan Brewery of Nigerian Breweries Plc is extremely significant because we are now officially going to be brewing the majority of our product in this location,  using solar energy.

“This is very important because it aligned with our ambitious sustainability agenda. This actually enables us to expand by introducing solar energy in our production process,”
she said.

She stated that the company would save money on diesel and electricity and use the money to expand the company.

By 2040, the firm said it would work with its suppliers and partners to achieve carbon neutrality throughout its whole value chain.

It added that shifting to greener types of energy within the breweries was part of decreasing carbon emissions, and that it had hit the ground running with its first solar plant in Ibadan.

NB Plc also stated that it was looking at using alternative energy sources such as wind, biogas, and hydroelectric energy to power its breweries in suitable regions.

She stated that the company would save money on diesel and electricity and use the money to expand the company.

By 2040, the firm said it would work with its suppliers and partners to achieve carbon neutrality throughout its whole value chain.

It added that shifting to greener types of energy within the breweries was part of decreasing carbon emissions, and that it had hit the ground running with its first solar plant in Ibadan.

NB Plc also stated that it was looking at using alternative energy sources such as wind, biogas, and hydroelectric energy to power its breweries in suitable regions.