GHANA: Stanbic Bank equips three of its branches with solar panels

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GHANA: Stanbic Bank equips three of its branches with solar panels©Andrey Demkin

Three branches of Stanbic Bank Ghana will be equipped with solar panels. With a total capacity of 40 kWp, they will enable the bank to save 27 tonnes of CO2 emissions per year.

The Stanbic bank of Ghana is getting solar panels that will be fixed on the roofs of the bank’s branches. The Tema and Kasoa units located 25 kilometres east and 28 kilometres west of Accra respectively, each have a capacity of 10 kWp. Dansoman, the suburb west of Accra, has a capacity of 20 kWp. These convert solar energy into electricity, which then supplies bank branches with self-consumption.

Stanbic can thus cover up to 30% of its electricity needs thanks to solar energy. The energy generated by the solar system and the resulting CO2 savings are reminded to branch customers via a screen, in order to raise public awareness about the use of solar energy. “We want to be known in the market as a leading player in sustainable banking,” said Alhassan Andani, Managing Director of Stanbic Bank Ghana. If this pilot project is successful, the cost of which is estimated at 50,000 euros, the bank which employs 1,500 people, intends to continue installing this solar energy system at the rest of its 33 sites across the country.

The project is managed by Ecoligo GmbH

This project will be implemented within the framework of the Dena Renewable Energy Solutions programme, set up by the German Energy Agency (Dena) and financed by the Federal Ministry of Economics and Energy (BMWI). Ecoligo GmbH is the service provider. It is a company that offers solar solutions, fully financed for companies in developing and emerging countries. It was founded in Berlin in February 2016 by Markus Schwaninger and Martin Baart. The company also has a local branch in Accra, Ghana, since 2017.

Boris Ngounou

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