Firm upgrades solar system for Abuja mall

Grene Capital, an assets manager has said it has completed a major solar expansion at Jabi Lake Mall in Abuja, further strengthening the asset’s position as one of Nigeria’s leading retail and lifestyle destinations.

The mall’s original 600 kWp solar installation established Jabi Lake Mall as Nigeria’s first solar-powered mall and one of the earliest large-scale renewable energy deployments in the country’s retail sector.

The latest expansion, delivered in strategic partnership with Elektron Renewables as project developer, builds on that foundation and reflects Grene Capital’s long-term commitment to enhancing the resilience and performance of its assets.

The project adds 900 kWp of photovoltaic capacity to the mall’s existing system, increasing total installed solar capacity to 1.5 MWp.

“This project reflects how disciplined, long-term capital investment can strengthen an asset’s performance and resilience at the same time,” said Tolu Sokenu, Partner at Grene Capital, adding, “We look for opportunities to enhance the quality and relevance of our assets in ways that create lasting value and future-proof a market-leading mall.”

Sianny Ayodele, Head of Elektron Renewables, added: “Distributed renewable energy is becoming increasingly central to the resilience and efficiency of commercial and industrial assets across Africa. Projects like Jabi Lake Mall demonstrate how institutional capital can accelerate the deployment of scalable energy infrastructure that strengthens asset resilience, improves energy stability, and delivers measurable development impact while supporting long-term economic growth.”

The upgraded solar system is expected to generate approximately 175,000 kWh of clean electricity each month, significantly reducing reliance on diesel generation while enhancing resilience against grid volatility and rising energy costs. The installation is also projected to avoid approximately 1,680 tonnes of CO₂ emissions annually.

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