- Sterling Bank Plc launches the Imperium Platform.
- Electricity customers can now purchase solar power systems at affordable costs.
Renewable energy resources such as solar power systems have become a viable solution to Nigeria’s electricity challenges. In accelerating solutions deployment, Sterling Bank Plc has introduced the Imperium Platform. The Platform provides a range of purchase options for solar power systems to consumers.
According to a statement by the Group Head of Renewable Energy at Sterling Bank, Dele Faseemo, the Imperium Platform aims to provide clean and affordable energy solutions to interested customers with different financing options for customers purchasing the solution outright or paying for the installation and operation of the solution. He noted that the bank employs several purchase models to provide renewable energy solutions for its customers. This ensures that customers with different needs and purchase abilities can access solar energy solutions.
He listed the options to include outright purchase, lease to own, and power as a service. Using outright purchase as an example, he said that energy consumers could purchase products directly from vendors via the Imperium Platform, a dedicated e-commerce platform hosted by Sterling Bank.
Mr Faseemo explained that Sterling Bank came up with this digital product after the unveiling of the Nigerian electricity industry report entitled Powering Nigeria: How Solar Energy Can Become a Sustainable Electricity Alternative.