May 7, 2024

Terminal Signs 1.2GWh Solar PPA in Rivers

APM Terminals’ West Africa Container Terminal (WACT) has taken a decisive step towards decarbonization by signing a 15-year Power Purchase Agreement (PPA) with clean energy provider Starsight Energy. The agreement paves the way for a major solar power installation at WACT’s facility in Onne Port, Rivers State, which will generate 1.2 Gigawatt-hours (GWh) of clean energy annually.

Terminal Signs 1.2GWh Solar PPA in Rivers: A Sustainable Milestone

Under the terms of the PPA, Starsight Energy will install and operate a 1092 kWp solar-only system. This installation is projected to supply approximately 30 percent of the terminal’s total energy consumption, marking a significant commitment to renewable energy in Nigeria’s Eastern ports. According to reports, the project is expected to reduce WACT’s carbon footprint by an estimated 15 million kilograms of CO2 over the contract’s duration. The initiative is a key component of APM Terminals’ broader global strategy to achieve net-zero emissions across its operations.

Jeethu Jose, Managing Director of WACT, expressed his pride in the achievement, framing it as a crucial move for both the company and the country. “When we first brought up this subject a year or two ago, I wasn’t entirely certain that we would go this far,” Jose admitted. “Nigeria is a major player in the group’s plan to decarbonise the global sector… this is a significant first step in that direction. We should all be proud of the moment we document in WACT’s history today.”

Partnership Driving Terminal Signs 1.2GWh Solar PPA in Rivers

The collaboration highlights a growing trend of industrial players embracing sustainable energy solutions. Ladi Sanni, Managing Director of Starsight Energy, praised the agreement as a reflection of WACT’s forward-thinking energy management and environmental stewardship. He emphasized that the partnership helps international brands diversify their energy portfolios with clean resources like solar power, contributing to Nigeria’s overall energy transition.

WACT, Nigeria’s first greenfield container terminal developed under a Public-Private Partnership, serves as a vital economic gateway to the nation’s eastern markets. This project demonstrates how targeted solar investment can overcome regional challenges, setting a strong precedent for sustainable development in Africa’s industrial and logistics sectors.

Sources

  1. WACT Signs 1.2GWh Solar Power Purchase Agreement
  2. Port Operator Signs 1.2GWh Solar Power Purchase Agreement
  3. WACT signs 1.2GWh solar power purchase agreement with …
  4. Starsight Energy Signs 1.2GWh Solar Power PPA with WACT
  5. Decarbonisation: WACT, Starsight sign 1.2GWh solar power …
  6. [PDF] Storage M&A Transactions and Investment News
  7. Nigerian container terminal operator signs PPA for solar power
  8. WACT signs 1.2GWh solar power purchase agreement with …
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