Community Rejoices As Amosun Commissions Solar Grid in Gbamu- Gbamu, Ijebu East
Friday, February 9, 2018 was a happy day for Baale, of Gbamu- Gbamu ,
Chief Adekunle Fayomi and his subjects as they witnessed the commissioning of 85KWP Solar Hybrid Mini Grid in the community.
It was one of the projects by Governor Ibikunle Amosun of Ogun State, actualized by RUBITEC SOLAR, an alternative electricity provider..
It “marks an alternative approach to provision of regular, uninterrupted electricity supply in Ogun state” said Bolade Soremekun – MD / CEO,Rubitec Solar, Rubitec Nigeria Ltd.
Explaining the functions of the grid, he said: “Our mini grid will serve 487 metered customers, with 462 1phase connections, and 25 3phase customers. The PV system will generate >190,000kWh/year of electricity, transmitted and distributed across 5.2 Km of grid for different categories of consumers – businesses and households.
“We have installed pre-paid meters. We encourage the people of Gbamugbamu to pay for their electricity as this will make the project sustainable’’
He also informed that the project is an example of ‘Crowd funding’:
‘’This project is NOT a contract. Rather its an investment by Rubitec Nigeria Ltd, with support from Ogun State Government, Nigeria Energy Support Programme (NESP), European Union, GIZ, and USAID. It is a N200 million investment comprising 50 per cent grant from GIZ, 39 per certain loan from Bettervest of Germany, and 11 per cent equity from Rubitec Nigeria Ltd. “It is by such investment that mini grid projects can be sustainable.
The project must earn profit for its investors, pay back its loans, and justify the grants that come from EU tax payers’ funds’’.
It was arranged by The Nigerian Energy Support Programme (NESP) funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in close collaboration with the Federal Ministry of Power (FMP).
It is part of a project within (5) selected State Governments (Cross River, Niger, Ogun, Plateau and Sokoto). Winrock, the implementing partner of USAID, also supported the project by promoting access to finance workshops and initiatives.
It involved training and workshops both locally and abroad.
The aim of NESP and its partners is to creat business-enabling conditions for a private sector driven market for rural electrification to provide access to reliable and affordable electricity services to rural households, businesses and public infrastructures.
At the ceremony were representatives of various stake holders including ambassadors of the European countries and Nigerian entrepreneurs.
One of them was Mr Tunde Onanusi, that retired at Firstbank of Nigeria, and now advises Ventures and Asset Management–
‘This (Gbamu Gbamu MiniyHybrid electrification project) is a right step in the right direction and a typical example of what ‘crowd funding, multinational’ can achieve, a way forward given the need for infrastructure as a means for propelling development even in rural environments.
Mr Wole Odunayo was also there to grace the occasion. Already successful in the energy (oil and gas),-
“Indeed, all of us in the energy sector need to pay more attention to what Rubitec Solar has achieved today. It demonstrates that clean uninterrupted supply of electricity is possible even in the rural communities and indeed is a way forward for the the whole of the country”