sitemaps.org/schemas/sitemap/0.9/sitemap.xsd BrandArena: Actis’ Jabi Lake Mall to become Nigeria’s first solar-powered mall

Monday, 22 July 2019

Actis’ Jabi Lake Mall to become Nigeria’s first solar-powered mall

Jabi Lake Mall, Abuja’s one-stop leisure, restaurant and retail destination, brought to the market by Actis, a leading emerging market investor, today announced an agreement with CrossBoundary Energy (CBE) to become the first solar-powered mall in Nigeria. Actis previously collaborated with CBE on implementing the largest solar carport in Africa at Garden City Mall in Nairobi.

CBE will finance the 600kW rooftop solar plant and will sell power to Jabi Lake Mall through an innovative 15-year Power Purchase Agreement. The power offers a cheaper energy alternative and will reduce the shopping centre’s CO2 emissions by over 13,000 tonnes.

Funke Okubadejo, Director of Real Estate and Head of Actis’ Nigeria office commented: “We were looking for a solar solution that could produce clean power for the mall and be a sustainable, self-sustaining alternative to grid and diesel. We are thrilled to partner with CBE to achieve this as we continue to encourage the integration of solar infrastructure across Nigeria. We hope that future generations of Nigerians can enjoy the serenity of one of Abuja’s remaining blue spaces and an important water harvest area.”

Femi Fadugba, Head of Business Development for CBE, stated: “We’ve reached a point in Nigeria where solar is transforming how businesses and everyday people are powering their lives. We’re incredibly proud to be supporting Actis in achieving its savings and sustainability goals with this landmark project.”

James Mittell, Principal in Actis’ Energy Investment Team, added: “Recognizing our responsibility to wider society is central to our business and embedded into our investment processes. Cheaper and cleaner power through solar provides an unmissable commercial and environmental opportunity and is fundamentally aligned to Actis’ belief that values drive value.”

Soventix will manage all engineering, procurement, and construction activities for the project, which is expected to create up to 30 new jobs. Support for the project has come from Shell Foundation and the Solar Nigeria programme, an initiative implemented by Adam Smith International with funding from UK Aid. 

12 comments:

  1. I think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article. bateria de litio

    ReplyDelete
  2. You might be interested about how daylight is changed into power. Zonnepanelen

    ReplyDelete
  3. The other option is storing additional electricity from your solar panels in batteries which will then power your appliances and lights during hours of darkness. Zonnepanelen kopen

    ReplyDelete
  4. This is a good thing since it makes the environment peaceful compared to wind and water generated power supplies which have moveable parts that are quite loud and destruct the peace. Zonnepanelen kopen

    ReplyDelete
  5. DIY Affordable Solar Panels Dallas information is available for download on the Internet at do-it-yourself websites. This information will provide you with all the instructions and guidelines necessary to manufacture your own energy producing panels. To make a solar panel requires basic construction skills, common household tools and three specific components.

    ReplyDelete
  6. DIY CT information is available for download on the Internet at do-it-yourself websites. This information will provide you with all the instructions and guidelines necessary to manufacture your own energy producing panels. To make a solar panel requires basic construction skills, common household tools and three specific components.

    ReplyDelete
  7. Learning how to make Best Cheap Solar Panels Hartford CT is a sure-fire way of reducing your monthly utility bills and "going green". With the upward spiraling energy cost of conventionally fossil-fuel produced electricity, many residential homeowners are looking for alternative ways to reduce their energy consumption and create their own power through renewable resources. Individuals have looked into ways of how to build a solar panel, or construct an energy producing windmill and solar hot water system.

    ReplyDelete
  8. Camping is a great hobby for Used Solar Panels For Sale Cheap in Springfield MA individuals. Plus, retiring people sometimes decide to live full-time within a recreational vehicle (RV). Regardless whether camping out or perhaps residing full-time in an RV, one question which may emerge is whether to install RV solar panels or maybe run a Yamaha generator to supply electric.

    ReplyDelete
  9. Camping is a great hobby for several individuals. Plus, retiring people sometimes decide to live full-time within a best solar water heater\ vehicle (RV). Regardless whether camping out or perhaps residing full-time in an RV, one question which may emerge is whether to install RV solar panels or maybe run a Yamaha generator to supply electric.

    ReplyDelete
  10. Cheap Solar System are quickly becoming one of the most popular ways for the average homeowner to decrease their dependency on traditional energy sources, reduce their impact on the environment and ultimately save money on their electric bills. As this wonderful energy source becomes more accessible, through reduced solar panels cost, numerous solar installers and incentive programs, more homeowners are considering it as a seriously viable option when it comes to providing energy for their homes.

    ReplyDelete
  11. Affordable Solar Panels Advice What should you consider before having solar panels installed? How should you decide which solar panel installation company is right for you? What type of solar panels should you choose? photovoltaic or solar thermal? Are there upkeep or maintenance costs associated with solar panels?

    ReplyDelete