Nigerian Breweries and the power company sign a 15-year solar agreement.

Nigerian Breweries Embarks on a Sustainable Journey, Signs 15-Year Solar Deal with Daystar Power Energy Solutions

Nigeria’s prominent brewing company, Nigerian Breweries Plc, recently inked a 15-year solar power purchase agreement with Daystar Power Energy Solutions, an integrated energy development firm.

The deal aims to provide tailored hybrid solar power solutions to meet the electricity requirements of both the Lagos brewery and the corporate head office located in Iganmu, Lagos, as outlined by NB.

Sade Morgan, the Corporate Affairs Director of Nigerian Breweries, highlighted the significance of this agreement, stating that it aligns with the company’s strategic plan to contribute to Heineken’s net-zero ambition. As a subsidiary of the global brewing giant Heineken, Nigerian Breweries is taking proactive steps to reduce its carbon footprint and promote environmental stewardship through the adoption of sustainable energy solutions.

The Solar Power Purchase Agreement establishes a long-term partnership between Nigerian breweries and Daystar Power Energy Solutions, reflecting a shared vision for a greener and more sustainable future. Under this agreement, Daystar Power will provide Nigerian breweries with solar power to meet a significant portion of their energy needs. This transition to solar energy is not only environmentally responsible but also economically sensible, as it contributes to reducing reliance on traditional energy sources.

Nigeria, like many other countries, faces energy challenges, including issues related to the reliability and sustainability of power sources. By embracing solar power, Nigerian Breweries is not only addressing its energy requirements but also setting an example for other industrial players in the region to explore renewable energy alternatives. This move underscores the pivotal role that businesses can play in driving the transition towards a low-carbon economy.

According to the company’s Corporate Affairs Director, Sade Morgan, this agreement aligns with a strategic plan to contribute to Heineken’s net-zero ambition through the implementation of sustainable energy solutions.

“The supply of renewable, affordable, and reliable energy to the Lagos Brewery is another bold step that takes the company closer to becoming carbon-neutral by 2030.

“Under the terms of the 15-year agreement, Nigerian breweries will be sourcing part of their power supply through a massive roof-mounted solar installation to be deployed by Daystar Power Energy Solutions,” the statement partly read.

Speaking during the contract signing ceremony, the Supply Chain Director of Nigerian Breweries Plc, Federico Agressi, described the contract signing as an important milestone for the company, noting that this remains a big step in its journey to achieving net zero with cleaner and cheaper energy.

According to him, Daystar will provide the Lagos brewery with a 4.2 MWp solar PV plant and a 2 MW/2 MWh BESS.

Nigerian Breweries’ 15-year Solar Power Purchase Agreement with Daystar Power Energy Solutions marks a significant milestone in the company’s journey towards sustainability. By embracing solar energy, Nigerian Breweries is not only securing a reliable and environmentally friendly power source but is also setting a precedent for the broader business community in Nigeria to follow suit. This partnership underscores the transformative power of sustainable energy solutions and highlights the role that corporations can play in driving positive change for the environment and the economy. As Nigerian Breweries paves the way for a greener future, it sends a powerful message that sustainability is not just a choice but a strategic imperative for businesses looking to thrive in the years to come.

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