Many African countries have a very high number of days per year with bright sunlight, which is ideal for generating power. In Ghana we are doing just that. Stanbic Bank Ghana is rolling out ATMs powered by the sun.
Stanbic Bank Ghana has introduced eight solar-powered ATMs in the country, offering a reliable, cost-effective alternative for running ATMs during power outages. About 20 more ATMs will be installed in high traffic areas, and those that experience frequent outages. These ATMs will ensure customers have access their money whenever they want it.
The solar-powered ATMs are also environmentally sustainable, reducing pressure on the national grid. Power to each of the solar ATMs is provided by up to 16 panels, feeding a system that includes a battery-bank, air-conditioners and CCTV cameras. The ATMs are expected to save the bank abut GH$36,000 in energy costs annually.
The installation of the solar-powered ATMs is in line with Stanbic Bank Ghana’s commitment to promoting positive environmental practices. Over the years, the bank has undertaken other green initiatives, such as the donation of solar-powered lanterns worth over GH$420,000 to students in deprived communities of the Brong Ahafo, Northern, Upper-West, Upper-East and Western regions.