NIGERIA’S LARGEST EGG PRODUCER GOES FOR LOWER ENERGY COSTS

NIGERIA’S LARGEST EGG PRODUCER GOES FOR LOWER ENERGY COSTS

 

 

Rensource, a leading renewable energy services provider in partnership with the Norwegian impact investment company, Empower New Energy, is set to deploy a 700 KWp solar photo-voltaic plant to Nigeria´s largest egg producer, Premium Poultry Farms, Abuja.

“This solution for Premium Poultry Farms, Nigeria’s largest egg producer, demonstrates our ability to meet the energy needs of a diverse array of industrial customers. We are honored to supply affordable clean energy to further grow Nigeria’s critically important agricultural sector, while cutting emissions” said Ademola Adesina, founder and CEO of Rensource.

Premium Poultry Farms produces 600 000 eggs daily and has its own feed mill, making it the country’s largest egg producer.

 

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This project, which is due to commence in December 2020, will have an important footprint in terms of sustainability. It will save up to 840 tonnes of CO2 emissions per year andcreate 40 jobs during its construction and operations phase.

We take immense pride in being good stewards of the environment and are pleased to further enhance our efforts with this solution. “Sustainability is at the heart of the farm’s philosophy”, says Alhaji Mahey Rasheed, Chairman of Premium Poultry Farms.

Rasheed added: “This project also allows us to benefit from the substantially lower energy costs offered by the solar PV technology and we are excited to become the largest solar-powered poultry farm in the country”.

Terje Osmundsen, Founder and CEO of Empower New Energy, said: “Empower is very pleased to collaborate with Rensource Energy in order to finance this project with Premium Poultry Farms, which reflects the success, dynamism and growth of Nigeria’s renewable energy sector. Our investment fund is poised to accelerate Africa’s transition to clean energy and this is evident in how quickly we have able to mobilise financing forthis crucial project.”

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