Yemisi Izuora
Forte Oil Plc, an Indigenous energy solution giant has commissioned alternative solar energy solution tagged ‘Green Energy’ solution.
Speaking during the launch, the Group Chief Executive Officer (GCEO), Forte Oil Group, Mr. Akin Akinfemiwa, stated that “we are foremost integrated energy provider with footprints u upstream, downstream and power generation. Today, that we are launching our solar system, we always look for formidable partners to bring our vision to live.
“We sat with them and create a bespoke solutions and achieve a sustainable reliable and cost-effective effective solar solution. The solution is mobile, it is cost effective and devoid of service charge.”
He said it is very efficient and is targeted at medium income group that rely on generators to provide power.
“We will design an array of energy solution,” he said.
In his comment, the Group Chief Financial Officer (GCFO), Forte Oil Group, Mr. Julius Omodayo-Owotuga, stated that “the solar energy solution comes with four panels, four 100 amps, 12 volts batteries with free installations. It will cost N700,000 per unit and wholesalers will be entitled to discounts depending on the number units to be purchased.”
Furthermore, he said the product has a year warranty while the panels have 20-25 years lifespan.
In his remarks, the commissioner for Energy in Lagos State, Mr. Olawale Oluwo, said “this partnership comes at a time when Lagos Government is targeting 3000 MW off grid and independent of Niger Delta gas. It is complementary to what we are doing and we will give it the necessary support.
“We will key into the solar energy solution by Forte Oil which is very vital to our program and now that Forte Oil has put its brand to solar, we are now sure that we have a reliable partner in solar energy.