In a significant stride toward deepening economic ties between Nigeria and Norway, United Bank for Africa (UBA) has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states.
The initiative was formalised at the official Ribbon Cutting ceremony held at the UBA Oba Akran 2 branch, Ikeja-Lagos by the Nordic Ambassador to Nigeria, Svein Bæra, which followed a walkthrough of the inverter/battery room and operations by Renewvia team.
This initiative reflected a growing commitment to sustainable investment and innovation, a key message emphasized by UBA Group Chairman, Tony O. Elumelu, during the recent Norway–Africa Business Summit held in Oslo, where he urged global partners to view Africa not as an aid destination, but as a continent of opportunity and enterprise. “Africa needs partners, not charity,” Elumelu stated in Oslo, calling for deeper collaboration built on mutual respect, entrepreneurship, and investment.
The partnership between UBA and Renewvia embodies that callUBA and Renewvia embodies that call, channelling Nordic investment and African innovation into tangible, long-term impact. Supported by Empower New Energy, a leading Norway-based renewable investment company, and Incremental Energy Solutions (IES), the project will deliver the first phase of 152,000 kWh of clean energy monthly, reducing UBA’s carbon footprint by over 89,000 kilograms of CO₂ each month.
Under a 10-year Power-as-a-Service agreement, Renewvia will deploy advanced solar and battery hybrid systems across UBA’s branches, ensuring superior power reliability, operational efficiency, and an enhanced customer experience. Upon full rollout, the project will cover 50 locations across 18 states, representing 3MWp of solar capacity and 7 MWh of energy storage.
UBA’s Deputy Managing Director, Muyiwa Akinyemi, said, “At UBA, we believe sustainability is not just a responsibility but a key part of building Africa’s future. This project demonstrates how innovation and partnership can deliver lasting imp act in terms of growth and advancement as well as reducing our carbon footprint, improving operational efficiency, and contributing to a cleaner environment. Continuing, he said, “We are proud to work with Renewvia Solar Nigeria, Incremental Energy Solutions, and Empower New Energy to make this vision a reality.”
On his part, the Managing Director, Renewvia Solar Nigeria Limited, Adebowale Dosunmu, said, “This partnership with UBA marks a major milestone in our mission to deliver reliable, clean energy to commercial and industrial clients across Nigeria. We are proud to support UBA’s leadership in sustainability and operational excellence.
