Geniserve Limited has deployed a solar-powered energy solution at the newly launched Ilorin Innovation Hub in Kwara State, a move that could save billions of naira annually on energy costs, the company’s Chief Executive Officer, Gbenga Adegbiji, has said.
The solar-powered hub, backed by IHS Towers and project-managed by Geniserve, was designed to run entirely on renewable energy, reflecting a growing shift towards cleaner and cost-efficient power solutions in Nigeria’s business landscape.
The CEO told The PUNCH that the system would save the hub billions of naira annually in energy costs while reducing carbon emissions.
“The entire facility is designed to operate on solar energy, even with air conditioners and other appliances running. The air conditioners installed are inverter types, which consume less energy, making the hub highly energy-efficient,” Adegbiji said.
The solar-powered Ilorin Innovation Hub is expected to serve as a collaborative space for startups and entrepreneurs, offering a sustainable energy model that could inspire similar projects across the country.
IHS Nigeria, which co-developed the facility and oversees its operations, is collaborating with Co-Creation Hub and Future Africa to implement a suite of programmes aimed at equipping entrepreneurs, startups, and businesses with critical digital skills, funding opportunities, and mentorship.
“This marks another critical milestone in IHS’ efforts to improve the lives of people in our operating communities by supporting innovation, entrepreneurship, and overall wealth creation in Nigeria,” the Chief Executive Officer of IHS Nigeria, Mohamad Darwish, said in a statement.
He continued, “As Nigeria’s backbone of digital possibilities and an enabler of mobile connectivity, we believe this hub will create opportunities for millions of Nigerians with brilliant ideas looking for the facilities, training, expertise, mentorship, and funding support to turn their ideas into viable businesses. Businesses that will contribute to the overall socio-economic upliftment of Kwara State and Nigeria more broadly.”