Sterling Bank Becomes First African Organisation to Power its HQ with Specialised Solar System

  • Sterling Bank powers headquarters with specialised solar energy systems
  • The Building Integrated Photovoltaic Project (BIPV) is being undertaken in Lagos.

Sterling Bank Plc has emerged as the first African corporate organisation to power its headquarters with the Building Integrated Photovoltaic (BIPV) energy technology as its primary energy source.

Dele Faseemo, Group Head, Energy, at Sterling Bank, disclosed this in a statement “the major milestone is a demonstration of the Bank’s commitment to its vision of concentrating investment under its programme on five sectors that can impact the economy remarkably”.

The sectors under the programme termed HEART are Health, Education, Agriculture, Renewable Energy and Transportation.

According to him, “The BIPV project is being undertaken in Lagos, Nigeria following the official approval received from the Nigerian Electricity Regulatory Commission (NERC) and the relevant agency of the Lagos State Government; and an Agreement signed between Sterling Bank and PriVida Power Limited, a Nigerian-based international energy company. The specialised BIPV panels will be supplied by Onyx Solar, a solar energy company in Ávila, Spain, and a global leader in the manufacturing of transparent photovoltaic (PV) glass for buildings.”

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