Abuja Electricity Distribution Plc (AEDC) has signed a tripartite agreement with DAYSTAR Power Solutions Limited (DAYSTAR Power) and The Wood Factory Limited (Wood Factory) to provide its first grid-connected and solar hybrid power solution for commercial and industrial customers.
This comes on the heels of the first interconnected mini-grid power solution for communities launched by AEDC and its strategic partners in Toto, Nasarawa State, in November 2023.
Under the agreement, AEDC will provide 18 hours of reliable electricity supply to Wood Factory (a top furniture manufacturer) while DAYSTAR Power will provide six hours of solar-powered electricity to Wood Factory, both leveraging interconnected power facilities to deliver seamless electricity supply and great value to the customer. This integrated power solution is expected to yield an estimated 44 per cent reduction in energy costs and an impressive 76 per cent annual decrease in carbon emissions for Wood Factory.
Managing Director and Chief Executive Officer of AEDC, Christopher Ezeafulukwe, said: “We are excited about the great opportunities that the transformation and turnaround of AEDC is giving us to serve our customers, both new and existing, in more delightful ways. This project is a product of our consistent questioning of the status quo in the resilient push of our conviction and belief in using diversified energy sources to serve our customers better, while closing the supply gap in our market.”
