Yemisi Izuora
Access Bank Plc has unveiled an initiative designed to provide healthcare facilities with affordable options.
The initiative, called ‘Solar for Health’, is a solar energy financing model to facilitate sustainable energy supply across Nigeria’s health sector.
These are hospitals, laboratories, and other healthcare facilities.
The initiative will provide options to install energy-efficient solar solutions, enabling them to transition from high-cost fossil fuel dependency.
Executive Director and Chief Risk Officer of Access Bank, Gregory Jobome, stated this at the ‘Solar for Health Breakfast launch’ event held in Lagos.
The event brought together medical practitioners and key stakeholders in the healthcare industry to explore sustainable solutions for the future.
Also, the bank signed a Memorandum of Understanding (MoU) with the Renewable Energy and Energy Efficiency Associations Alliance (REEEA-A) to collaborate on driving renewable energy initiatives and achieving net-zero emissions.
He stated that businesses in the health sector can access up to N200 million to power their facilities through solar energy, payable over 48 months (four years).