July 9, 2026

Jabi Lake Mall Increases Solar Capacity to 1.5MW

Jabi Lake Mall Increases Solar Capacity to 1.5MW

Grene Capital, the Africa-focused real assets manager, has completed a major solar expansion at Jabi Lake Mall in Abuja.

Jabi Lake Mall’s previously installed 600 kWp established it 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 the project developer, builds on that foundation and demonstrates continuity in investment philosophy.

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

Tolu Sokenu, Partner at Grene Capital, said, “This project reflects how disciplined, long-term capital investment can strengthen an asset’s performance and resilience at the same time. 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.”

While speaking on the partnership, Sianny Ayodele, Head of Elektron Renewables, said, “Distributed renewable energy is becoming increasingly central to the resilience and efficiency of commercial and industrial assets across Africa. Projects like Jabi Lake Mall show 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 system is expected to generate approximately 175,000 kWh of clean electricity monthly, offset diesel generation and avoid about 1,680 tonnes of CO₂ emissions annually while enhancing resilience to grid volatility and rising energy costs.