Nigerian financial services outfit Unity Bank has teamed up with renewables company Daystar Power to switch electricity supplies at the former’s offices to clean power from diesel generation.
Unity Bank has 240 offices across the country and is Nigeria’s eighth largest bank in terms of business locations.
Daystar, which was founded by the venture capital financier Sunray Ventures, will provide Unity Bank with a combination of hybrid battery backed-up solar power solutions, which will help reduce costs as well as carbon dioxide emissions.
Unity Bank managing director Tomi Somefun said: “Unity Bank is dedicated to be the retail bank of choice for all Nigerians and provide our customers with the best possible banking experience.
“We believe that our transition to clean solar energy solutions will not only help providing a better experience to customers visiting our branches, but also contribute to safeguarding our environment. We are happy to be working together with Daystar Power in this endeavour.”
Sunray Ventures executive director Christian Wessels said: “A significant gap between required and available electricity from the grid is prevalent across Nigeria, leading to most businesses using diesel generators for most of the day.
“However, advances in technology have made it economical for commercial and industrial customers alike to switch to cleaner hybrid solar power solutions.
“We are very happy that Unity Bank has decided to be at the forefront of this development and work together with Daystar Power, to provide cleaner and economical power solutions to its branch network.”