IFGreen Launches Solar-Battery Project in Lagos

  • IFGreen Industries & Investment Ltd. has commissioned a hybrid solar photovoltaic and battery energy storage system at its agro-processing facility in Lagos.
  • The project is expected to eliminate the company’s dependence on diesel generators while enabling uninterrupted 24-hour operations.

IFGreen Industries & Investment Ltd. has commissioned a hybrid solar photovoltaic and battery energy storage system at its production facility in Epe, Lagos State. The project aims to strengthen energy reliability and improve sustainability across the company’s operations.

According to the company, the renewable system will deliver uninterrupted 24-hour electricity. The facility will end more than four years of reliance on diesel generators due to inconsistent grid supply in the Epe area.

Chief Executive Officer Peter Okonkwo described the deployment as a milestone in IFGreen’s transition to clean energy. He added that the system will enhance operational efficiency while reducing the company’s environmental footprint.

The company stated that lower energy costs will enable IFGreen to reinvest savings into growth initiatives. These plans include expanding production capacity and creating jobs within its host community and surrounding areas.

Improved power stability will also allow the facility to operate at full capacity. As a result, the plant will strengthen its role in food processing, agricultural value addition and local economic development.

Management highlighted several long-term benefits of the transition. Stable energy costs and lower operating expenses will improve returns on agro-processing investments. In addition, the solar system will reduce carbon emissions and could create opportunities for carbon credit generation.

The project was executed in partnership with renewable energy developer Grosolar. Financing support came from the CleanEnergyFund of FundCo. Representatives from both organisations attended the commissioning ceremony alongside IFGreen’s leadership team.

Looking ahead, IFGreen plans to expand its sustainability strategy through circular economy initiatives. The company intends to convert agro-processing waste into biogas, which will further reduce energy costs and environmental impact.

Through the hybrid solar deployment, IFGreen aims to reinforce its commitment to sustainable growth and responsible production while positioning itself as an emerging player in Nigeria’s agro-processing sector.

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