The Nigerian Breweries (NB) Plc has inaugurated a Solar Power Plant at the company in Ibadan, as part of its commitment to environmental sustainability and efforts at reducing carbon emission.
The 663.6kwp solar power plant was inaugurated by Oyo State Governor, Seyi Makinde on Thursday in Ibadan.
NAN reports that the solar power plant will supply approximately 800MW of solar electricity to the Brewery annually at a significant discount to the company’s cost of power.
The solar plant is also expected to reduce the company’s CO2 emissions by more than 10,000 tonnes over the lifespan of the plant.
The solar power plant, which comprises of 1,680 solar panels installed on the roof of the brewery, can light up 560,000 60watt bulbs for 24 hours and can brew 13.3 million bottles of Star lager beer.
Makinde reiterated his administration’s commitment to provision of enabling environment for businesses to thrive, promising more efforts at improving investment base of the state
He said the first quarter business survey indicated that the state maintained positive outlook despite the national challenges.
“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 appreciated the contributions of the company to the development of the state, seeking the company’s partnership on the development of the state’s tourism sector.
Chief Kola Jamodu, Chairman, Nigerian Brewery Plc, said the company remained committed to winning with Nigeria and playing its role as responsible corporate citizen.
He said the company’s partnership with the state government had seen it invest hundreds of billions in community development and social infrastructure such as road, education, water to mention a few.
“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.”
The NB Plc also said it was exploring powering its breweries situated in suitable climates with alternative energy from wind, biogs and hydro-electric energy.