NipCo Achieves ₦44.4 Million Annual Savings Through JMG Solar Power Systems
NipCo Plc has transitioned to solar power systems at three fueling stations in Nigeria, resulting in annual energy cost savings of ₦44.4 million. The installations, completed between May and June 2025, were executed by JMG Limited and include advanced hybrid systems with solar arrays, lithium battery storage, and smart inverters.
The Gwagwalada, Lekki, and Mpape stations now operate with zero grid or generator power on bright days, covering 80-100% of their daily energy needs. Total solar generation across the three sites is 88,535 kWh/year, with a CO₂ emissions reduction of 43.8 tonnes annually.
Each station's specifics include: Gwagwalada - 42,450 kWh/year, savings of ₦15.6 million; Lekki - 3,635 kWh/year, savings of ₦12 million; Mpape - 42,450 kWh/year, savings of ₦16.8 million. The project exemplifies a scalable approach for clean energy in high-energy sectors.
