Image: Business Day Nigeria
Nigerian Breweries Plc, the largest brewing company in Nigeria, aims to achieve 70% renewable energy usage by 2030. The announcement was made during the commissioning ceremony for a new 663.6kW solar power plant in Ibadan in May by the company’s Managing Director Jordi Borrut Bel.
Located in Oyo State, southwestern Nigeria, the new solar facility – which comprises part of the company’s larger renewable energy plan – is expected to provide 800 MW of power annually and reduce the Ibadan brewery’s carbon emissions by 10,000 tons over its lifespan.
The $728,000 project is part of a 15-year solar service agreement operated by local renewables firm, CrossBoundary Energy. According to Bel, several other similar solar projects are planned at the company’s Aba, Enugu and Lagos bottling plants.
“We are brewing a better world by significantly reducing carbon emissions from our production sites by 2030. We do not want to only be number one in sales and profitability; we also want to be number one in environmental sustainability to enable the communities we operate in to benefit from our operations in the best possible way,” stated Bel.
Chairman of Nigerian Breweries, Kola Jamodu, indicated that the solar plant will be the first of its kind for the industry, stating, “We are determined to set the pace in innovation, ideas, integrity and attributes that we share with the government and the people of Oyo.”
During the system’s 25+ year lifespan, the plant is expected to support local employment, improve access to affordable and reliable energy for businesses and support Nigeria’s renewable energy potential.