Energy access company CrossBoundary Energy has commissioned a 1,095 kWp rooftop solar photovoltaic system for Guinness Ghana Breweries PLC factory in Achimota. The company also announced the commissioning of a 663.6 kWp rooftop solar plant at the Nigerian Breweries Plc factory in Ibadan, Nigeria.
“We are excited to announce the commissioning of a 663.6 kWp solar plant at the Nigerian Breweries Plc factory in Ibadan, Nigeria. This fully financed solar Power Purchase Agreement is the first of its kind for a major Nigerian business customer,” says CrossBoundary on a LinkedIn post.
Guinness Ghana Breweries solar project
Guinness Ghana Breweries a subsidiary of the British Diageo Group, is looking to source 100% of its electricity needs from renewable sources by 2030. This will significantly reduce emissions from short-lived climate pollutants, such as hydrofluorocarbons.
CrossBoundary Energy will sell power produced from the solar energy plant to Guinness Ghana Breweries under a 15-year power purchase agreement (PPA). The energy company will cover expenses for project operations, maintenance, monitoring, and insurance.
Guinness Ghana Breweries will pay monthly, discounted solar electricity bills, while remaining protected from the technical and operational risks of operating a solar project for the long-term.
The solar PV energy system will account for over 19% of Guinness Ghana Breweries’s electricity needs. Aside from providing Guinness Ghana Breweries with clean energy, the solar system will also save Guinness Ghana Breweries money on its electricity costs over the 15-year period. The solar project will generate 1,500 MWh annually, and avert over 10,000 tonnes of carbon emissions.
Nigerian Breweries solar project
The Nigerian Breweries solar plant will supply approximately 800 MWh to the brewery annually, while reducing the site’s CO2 emissions by over 10,000 tonnes over the lifespan of the plant.
CrossBoundary Energy will operate the rooftop solar facility on behalf of Nigerian Breweries as part of a 15-year solar services agreement. Under the agreement, Nigerian Breweries will only pay for solar power produced, receiving a single monthly bill that incorporates all maintenance, monitoring, insurance, and financing costs.
CrossBoundary says this is the first of its kind solar power purchase agreement (PPA) for a major Nigerian business customer. The solar power produced by the plant will come at a ‘significant discount’ to the brewery’s current cost of power.