Dr. Patrick Ilo, Managing Director of PETROCAM, has expressed his strong endorsement of President Bola Tinubu’s green energy initiatives, particularly the Compressed Natural Gas (CNG) drive. Ilo believes that green energy represents the optimal path forward, offering a solution to multiple challenges faced by Nigeria. He made this declaration during the unveiling of a cutting-edge 100 kVA solar power plant at a PETROCAM filling station located on the Lagos-Ibadan Expressway. This solar installation, according to Ilo, embodies a progressive step towards embracing sustainable energy solutions. He stressed the importance of adapting to the dynamic nature of life and embracing solutions that offer long-term benefits.
Ilo emphasized that solar energy offers a dual advantage: mitigating the detrimental effects of carbon emissions on public health and providing a reliable alternative to the persistent problem of erratic power supply. He voiced his support for President Tinubu’s CNG program, highlighting its potential to reduce costs, streamline processes, and simplify daily life for Nigerians. Addressing concerns about the initial investment required for solar projects, Ilo assured that banks are actively seeking to finance such ventures, demonstrating a growing recognition of the viability and importance of renewable energy.
The newly installed solar power plant, according to Ilo, represents a significant milestone in sustainable energy adoption in Sub-Saharan Africa. Its capacity extends beyond merely powering the filling station; it can also contribute excess generated power to the national grid, thereby augmenting the country’s overall power supply. This innovative system, he explained, embodies a multi-faceted approach to income generation, as surplus energy can be sold back to the grid, creating a mutually beneficial arrangement. Ilo underscored the importance of individual responsibility in mitigating climate change, urging individuals and businesses to take proactive steps towards a greener future.
He emphasized that the high capital outlay for this advanced solar technology is a worthwhile investment, considering its long-term benefits for both the environment and the community. The reduction in carbon emissions contributes to improved air quality and public health, aligning with the company’s commitment to environmental responsibility. Ilo presented this initiative as an example of taking control of one’s destiny, even amidst environmental challenges, and contributing to collective efforts to combat climate change. The ability to feed excess power into the national grid underscores the project’s potential to support the government’s efforts to improve power supply for the populace.
Oluwatoyin Ilo, Managing Director of GINNEX Technologies, echoed Dr. Ilo’s sentiments, praising the unique features of the 100 kVA solar solution. While refraining from disclosing the specific financial investment involved, she confirmed that this installation is the first of its kind in Nigeria. This highlights the innovative nature of the project and its potential to serve as a model for future solar energy deployments across the country. The emphasis on evolving technology suggests a commitment to staying at the forefront of advancements in renewable energy solutions.
The unveiling of this solar power plant signifies a significant step towards embracing green energy in Nigeria. It showcases the potential of solar power to address critical challenges such as unreliable power supply and environmental pollution. The project’s ability to contribute excess power to the national grid demonstrates its potential to support broader national development goals. The statements made by both Dr. Patrick Ilo and Oluwatoyin Ilo highlight the growing momentum behind renewable energy adoption and the increasing recognition of its importance in shaping a sustainable future for Nigeria. The emphasis on innovation and technological advancement suggests a commitment to continuously exploring and implementing cutting-edge solutions in the renewable energy sector.
