IFGreen Industries & Investment Ltd, an agro-allied processing company based in Epe, Lagos, recently announced the successful commissioning of its Hybrid Solar Photovoltaic (PV) System and Battery Energy Storage System (BESS) at its production facility in Epe.
The commissioning ceremony was witnessed by the IFGreen team, led by the CEO, Mr. Peter Okonkwo, and the Grosolar team, led by Mr. Abiodun Oni.
This landmark project, executed in partnership with Grosolar and financed with the support of CleanEnergyFund of FundCo, now delivers uninterrupted 24-hour power supply to IFGreen’s operations.
The transition marks a significant milestone in IFGreen’s commitment to renewable energy adoption, environmental sustainability, and long-term operational scalability.
According to the company, the key Benefits of the solar transition are numerous. For example, through this initiative, IFGreen will achieve:
• Sustainable year-on-year energy cost savings
• Improved returns on agro-processing investments
• Greater predictability and stability in energy costs
• Seamless, reliable, and uninterrupted power supply year-round
• Reduced carbon emissions and a stronger environmental footprint
• Increased opportunities for carbon credit generation
• Enhanced capacity for operational expansion and growth
This development concludes over four years of dependence on diesel generators and fuel procurement—an expensive necessity driven by erratic and insufficient grid power supply in Epe.
With this renewable energy solution in place, IFGreen will significantly reduce energy expenditure and reinvest the savings into strategic growth initiatives, including job creation within its host community and beyond. Improved energy reliability will also enable full capacity utilization, further strengthening the company’s contribution to food processing, value addition, and local economic development.
What’s next in IFGREEN
Driving the Future: Circular Economy & Bio-Energy Innovation
Following this commissioning, IFGreen is set to advance into circular economy solutions within agro-innovation. As part of its expansion strategy, the company plans to convert agro-processing waste into bio-gas to further reduce production costs, improve margins, and deepen its sustainability impact.
This milestone reinforces IFGreen’s dedication to sustainable growth, environmental responsibility, and inclusive economic development—positioning the company as a forward-looking leader in Nigeria’s agro-processing sector.
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