FreeStuffsNG:
That is NAL building and Sterling bank acquired it. Solar is not a permanet solution and the bank needs to ensure that this expenditure delivers real dividends to its shareholders.

FreeStuffsNG:
Quit social media, go and face your studies so that you have deep insights on issues Most of you are just poorly educated and ill mannered because you were not brought up well.

Payback time is considered as well. Over time, solar panels naturally tend to become less efficient at producing energy so the payback time may become longer.
Some panels break due to physical damage from extreme weather conditions and daily change in temperature.

Like must have been explained to you in elementary geography, the repeated uneven cooling and heat expansion of the panel in the presence of moisture will take its toll on the physical integrity of the panels.

Btw, it is imported so much forex is shipped abroad and when due for replacement, forex will be shipped abroad once again. If something happens to the panel or forex supply chain and prevents getting its panels replaced, the whole thing becomes useless to fix because we do not manufacture the panels locally.

So much advancement is going on in that field and hopefully will be a real permanent solution some day .

FreeStuffsNG:
Quit social media, go and face your studies so that you have deep insights on issues Most of you are just poorly educated and ill mannered because you were not brought up well.

Payback time is considered as well. Over time, solar panels naturally tend to become less efficient at producing energy so the payback time may become longer.
Some panels break due to physical damage from extreme weather conditions and daily change in temperature.

Like must have been explained to you in elementary geography, the repeated uneven cooling and heat expansion of the panel in the presence of moisture will take its toll on the physical integrity of the panels.

Btw, it is imported so much forex is shipped abroad and when due for replacement, forex will be shipped abroad once again. If something happens to the panel or forex supply chain and prevents getting its panels replaced, the whole thing becomes useless to fix because we do not manufacture the panels locally.

So much advancement is going on in that field and hopefully will be a real permanent solution some day.

rexel99:


What's this one saying? How can solar not be the solution? The world is moving towards sustainability and sustainable practices to reduce carbon footprint. Also, organisations are tapping into their sustainability credentials as their USP and positioning strategy to drive customer engagement and their brand. You are here mouthing garbage all because you want to drop a comment.

The advantage for Sterling is not just sustainability, but the fact that this will help them drive down overhead cost in the long term because banks spend heavily on diesel and electricity. If you have been following the news, you will recall sometime last year's banks had to scale back their closing time because of their heavy expenditure on diesel.

Now, how won't this deliver real value for the bank?? I would advise you to be logical and rational, not to be typing out garbage.

rexel99:


What's this one saying? How can solar not be the solution? The world is moving towards sustainability and sustainable practices to reduce carbon footprint. Also, organisations are tapping into their sustainability credentials as their USP and positioning strategy to drive customer engagement and their brand. You are here mouthing garbage all because you want to drop a comment.

The advantage for Sterling is not just sustainability, but the fact that this will help them drive down overhead cost in the long term because banks spend heavily on diesel and electricity. If you have been following the news, you will recall sometime last year's banks had to scale back their closing time because of their heavy expenditure on diesel.

Now, how won't this deliver real value for the bank?? I would advise you to be logical and rational, not to be typing out garbage.

rexel99:


What's this one saying? How can solar not be the solution? The world is moving towards sustainability and sustainable practices to reduce carbon footprint. Also, organisations are tapping into their sustainability credentials as their USP and positioning strategy to drive customer engagement and their brand. You are here mouthing garbage all because you want to drop a comment.

The advantage for Sterling is not just sustainability, but the fact that this will help them drive down overhead cost in the long term because banks spend heavily on diesel and electricity. If you have been following the news, you will recall sometime last year's banks had to scale back their closing time because of their heavy expenditure on diesel.

Now, how won't this deliver real value for the bank?? I would advise you to be logical and rational, not to be typing out garbage.

FreeStuffsNG:
Quit social media, go and face your studies so that you have deep insights on issues Most of you are just poorly educated and ill mannered because you were not brought up well.

Payback time is considered as well. Over time, solar panels naturally tend to become less efficient at producing energy so the payback time may become longer.
Some panels break due to physical damage from extreme weather conditions and daily change in temperature.

Like must have been explained to you in elementary geography, the repeated uneven cooling and heat expansion of the panel in the presence of moisture will take its toll on the physical integrity of the panels.

Btw, it is imported so much forex is shipped abroad and when due for replacement, forex will be shipped abroad once again. If something happens to the panel or forex supply chain and prevents getting its panels replaced, the whole thing becomes useless to fix because we do not manufacture the panels locally.

So much advancement is going on in that field and hopefully will be a real permanent solution some day.

rexel99:


What's this one saying? How can solar not be the solution? The world is moving towards sustainability and sustainable practices to reduce carbon footprint. Also, organisations are tapping into their sustainability credentials as their USP and positioning strategy to drive customer engagement and their brand. You are here mouthing garbage all because you want to drop a comment.

The advantage for Sterling is not just sustainability, but the fact that this will help them drive down overhead cost in the long term because banks spend heavily on diesel and electricity. If you have been following the news, you will recall sometime last year's banks had to scale back their closing time because of their heavy expenditure on diesel.

Now, how won't this deliver real value for the bank?? I would advise you to be logical and rational, not to be typing out garbage.

FreeStuffsNG:
That is NAL building and Sterling bank acquired it. Solar is not a permanet solution and the bank needs to ensure that this expenditure delivers real dividends to its shareholders.

Basicend:
That's innovative.

I hope they can sustain it.

Solar is quite expensive to maintain too.e

But atleast, they wont be seeing those annoying NEPA officials anymore.

FreeStuffsNG:
That is NAL building and Sterling bank acquired it. Solar is not a permanet solution and the bank needs to ensure that this expenditure delivers real dividends to its shareholders.

udomonday:
I did not see any insults to you in his narrative.

rexel99:


What's this one saying? How can solar not be the solution? The world is moving towards sustainability and sustainable practices to reduce carbon footprint. Also, organisations are tapping into their sustainability credentials as their USP and positioning strategy to drive customer engagement and their brand. You are here mouthing garbage all because you want to drop a comment.

The advantage for Sterling is not just sustainability, but the fact that this will help them drive down overhead cost in the long term because banks spend heavily on diesel and electricity. If you have been following the news, you will recall sometime last year's banks had to scale back their closing time because of their heavy expenditure on diesel.

Now, how won't this deliver real value for the bank?? I would advise you to be logical and rational, not to be typing out garbage.

grandstar:


You were to quick to judge FreeStuffsNG

If solar power provided as much savings as you suggested, why haven't many companies adapted it? Why haven't solar farms been built to service industrial estates or even residential estates?

I am always a firm believer in research before jumping to conclusion. Solar may provide power but its quite pricey

The preferred go to for power generation are coal, gas, dams and even nuclear power. They generate power cheaply.

Solar power and wind are much more expensive and that's why many countries provide subsidies to make them competitive.

Solar power might make some sense in residential homes because the space density compared to the building is a lot. For a bungalow, if solar panels cover the roof, it may take up 30% of the building. Also energy use in a residential property is low.

But for a skyscraper, the solar panels will cover a much lower space compared to the size of the building. Also, energy consumption is very high with air-conditioning on during office hours for instance. We are yet to discuss the laptops, lifts, escalators, photocopy machines and so on. They are constantly on.

The issue needS to be research

How much does one need to invest in ones home to generate 1 kilowatt of power for instance compared to what you pay PHCN?

rexel99:


What's this one saying? How can solar not be the solution? The world is moving towards sustainability and sustainable practices to reduce carbon footprint. Also, organisations are tapping into their sustainability credentials as their USP and positioning strategy to drive customer engagement and their brand. You are here mouthing garbage all because you want to drop a comment.

The advantage for Sterling is not just sustainability, but the fact that this will help them drive down overhead cost in the long term because banks spend heavily on diesel and electricity. If you have been following the news, you will recall sometime last year's banks had to scale back their closing time because of their heavy expenditure on diesel.

Now, how won't this deliver real value for the bank?? I would advise you to be logical and rational, not to be typing out garbage.

grandstar:


You were to quick to judge FreeStuffsNG

If solar power provided as much savings as you suggested, why haven't many companies adapted it? Why haven't solar farms been built to service industrial estates or even residential estates?

I am always a firm believer in research before jumping to conclusion. Solar may provide power but its quite pricey

The preferred go to for power generation are coal, gas, dams and even nuclear power. They generate power cheaply.

Solar power and wind are much more expensive and that's why many countries provide subsidies to make them competitive.

Solar power might make some sense in residential homes because the space density compared to the building is a lot. For a bungalow, if solar panels cover the roof, it may take up 30% of the building. Also energy use in a residential property is low.

But for a skyscraper, the solar panels will cover a much lower space compared to the size of the building. Also, energy consumption is very high with air-conditioning on during office hours for instance. We are yet to discuss the laptops, lifts, escalators, photocopy machines and so on. They are constantly on.

The issue needS to be research

How much does one need to invest in ones home to generate 1 kilowatt of power for instance compared to what you pay PHCN?

FreeStuffsNG:
That is NAL building and Sterling bank acquired it. Solar is not a permanet solution and the bank needs to ensure that this expenditure delivers real dividends to its shareholders.

FreeStuffsNG:
Quit social media, go and face your studies so that you have deep insights on issues Most of you are just poorly educated and ill mannered because you were not brought up well.

Payback time is considered as well. Over time, solar panels naturally tend to become less efficient at producing energy so the payback time may become longer.
Some panels break due to physical damage from extreme weather conditions and daily change in temperature.

Like must have been explained to you in elementary geography, the repeated uneven cooling and heat expansion of the panel in the presence of moisture will take its toll on the physical integrity of the panels.

Btw, it is imported so much forex is shipped abroad and when due for replacement, forex will be shipped abroad once again. If something happens to the panel or forex supply chain and prevents getting its panels replaced, the whole thing becomes useless to fix because we do not manufacture the panels locally.

So much advancement is going on in that field and hopefully will be a real permanent solution some day.

rexel99:


My friend, I don't live on Nairaland or the social media like jobless lots like you do.

Its unfortunate that you have failed to back up your argument with concrete facts. What a pity you are relying on market woman or beer parlour analysis to push forward your argument. You are obviously not abreast with advances in solar technology as regard the durability and lifespan of its quality materials. Am not reffering to the crap lowlifes like you are used to. Never mind I won't blame you, since you spend your whole life on the social media space, you will have little knowledge of what goes on a global scale.

Seems you are wiser than business's that are going are going solar. See the person that does his petty business on Nairaland trying to advise businesses that know what they are doing. Olodo

MrEverest:


You guys really don't know how much things have changed. Most appliances these days are energy saving. They will certainly make use of inverter air conditioners, energy bulbs, and same goes for other appliances.

Batteries now have longer lasting capacity than before. Solar panels can last for 20 years! Since their lift will be working during the day and considering the vast number of solar panels, their won't be much drag on the batteries. Of course, they can't waste energy by using both lifts and escalators at the same time, they will go for one only.

And who told you that many firms and estates aren't using solar systems already?

You can't even compare the cost of using PHCN and generators because solar is far far cheaper in the long run. The only challenge Nigerians are facing is how to pay for the initial huge cost and lack of awareness.

I have been using solar system both at home and in the office for years now and I know how much I have saved, running into millions.