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Daystar inks deal with Nigerian Breweries on solar, battery system

Daba Finance/Nigerian Breweries signs deal with Daystar Power
STARTUP VENTURE CAPITALDecember 3, 2023 at 5:21 PM UTC

Daystar Power, a prominent provider of hybrid solar power solutions for businesses and industrial manufacturers in Africa, has entered into an agreement with Nigerian Breweries to implement and operate a 4.2MWp solar plant along with a 2MWh battery storage system. This project is set to become one of the largest solar and battery storage initiatives for an industrial manufacturer in Nigeria.

The hybrid solar solution is anticipated to generate 5,249 MWh of electricity annually, covering 42% of the Lagos brewery's daytime power consumption. By integrating solar into the factory's energy mix, the initiative aims to reduce dependence on diesel generators, displacing an estimated 31.4 million liters of diesel and offsetting around 84,758 tons of CO2 over the 20-year lifetime of the installation.

Nigerian Breweries, a subsidiary of Heineken and one of Nigeria's leading manufacturers, is known for producing popular beverages such as Star Beer and Maltina. This collaboration with Daystar aligns with Heineken's commitment to decarbonize its own production by 2030 and achieve decarbonization across its entire value chain by 2040.

Key Takeaways

High energy costs persistently disrupt productive activities in Nigeria, Africa's most populous country. Many factories resort to self-generating over 14,000 megawatts of electricity due to inadequate supply from electricity distribution companies. The insufficient power supply is estimated to cost businesses in Nigeria approximately $29 billion annually. This substantial economic impact reflects the challenges faced by industries in coping with unreliable and insufficient energy resources. Additionally, Nigeria holds the unfortunate distinction of having the largest number of people without access to electricity globally. One in 10 people without access to electricity is currently residing in Nigeria, highlighting the urgent need for improvements in the country's energy infrastructure to ensure broader and more reliable access to power for its population. The decreasing costs of solar systems, relative to either grid or diesel generators, have helped on-site solar microgrids—provided by companies like Daystar—become economically viable alternatives for commercial and industrial use in Africa.

Daystar Power
Nigerian Breweries
Heineken
Solar Plant
Battery System
Solar Power
Clean Energy

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