A statement from the financial institution on Sunday said,
Sterling Bank Headquarters, known as Sterling Towers was now fully powered by
solar energy.
It stated, “The iconic Sterling Towers, located in the
bustling centre of Lagos, now boasts an operation on an advanced solar energy
system. This decisive switch underscores Sterling Bank’s dedication to reducing
its ecological footprint and spearheading the adoption of renewable energy
within the continent.
“The exclusive use of solar power at Sterling Towers is a
game-changer for African corporations in the sustainability domain. It stands
as an influential illustration for other companies, proving that economic
progress and ecological conservation are compatible pursuits. This monumental
achievement is a tribute to the ingenuity and leadership potential of African
enterprises in green energy adoption, paving the way for a more sustainable
global future.”
In his comments, the Group Chief Marketing Officer at
Sterling, Ibidapo Martins, said, “Our transition to solar energy reflects our
deep-seated commitment to responsible corporate behaviour. It is a major stride
in our quest to exemplify sustainable development in Africa and we are thrilled
to be at the vanguard of the renewable energy revolution, hopefully setting a
trend for others to emulate.”
He added that, Sterling’s initiative is a response to the
accumulating proof worldwide that eco-friendly buildings deliver comprehensive
advantages.
According to him, “This flagship project is not just about
setting a record; it’s about showcasing the enormous potential Nigeria holds in
transforming Africa’s energy narrative.”
Elaborating on the scale of the project, Martins said, “We
have installed over 3,250 high-efficiency crystalline silicon photovoltaic
glass panels, spanning 6,500 square meters on our 17-story building. This is
the largest solar integration in Africa to date, and it is expected to generate
10,500 MWh over the next quarter-century while providing 995 kWp to power our
headquarters.
“The transition to solar is anticipated to deliver not only
environmental advantages but also substantial economic savings in energy costs,
which will be reinvested into customer-centric innovations and services.”