Nigerian Breweries Signs Deal with Daystar Power for a 4.2MWp Solar Plant

Nigerian Breweries Plc, one of Nigeria’s foremost brewing companies has signed a 15-year Solar Power Purchase Agreement with Daystar Power Energy Solutions- an integrated energy development company, to deliver customised hybrid solar power solutions that will cover the electricity needs of its Lagos brewery and the Corporate Head Office both in Iganmu, Lagos.

This agreement is part of a roll-out plan to achieve Heineken’s net zero ambition.

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.

“We are proud of the work we have been doing and look forward to the collaboration. We started at a small level in Ibadan and moved to Enugu. Now, we are doing it bigger at the heart of Lagos,” Agressi said.

According to him, Daystar will provide the Lagos Brewery with a 4.2MWp solar PV plant and 2MW/2 MWh BESS, with the plant supplying approximately 20% of the brewery’s total electricity requirement at a significant discount to the current cost of power and reducing the site’s CO2 emissions by about 57 kilo tons of CO2 over the 15-year duration of power purchase agreement.

The development and construction of the renewable facilities will be fully financed by Daystar, while the facility’s operation will be handled by NB Plc and the energy company as part of the multi-year solar power purchase agreement.

In his remarks during the contract signing ceremony, Chief Executive Officer, Daystar Energy Power Solutions, Jasper Hardenberg, stated that the agreement signing represents the company’s readiness to support Nigerian Breweries Plc in achieving its sustainability goals by providing custom-made energy solutions.

November 30, 2023