Oando Clean Energy and the Rural Electrification Agency have signed a Memorandum of Understanding for a 1.2-gigawatt solar power project aimed at expanding energy access in Nigeria.
The project, which will be Nigeria’s largest solar initiative, is expected to provide electricity to millions of Nigerians. The first phase, a 600-megawatt solar power rollout, is scheduled for completion in 2026.
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REA’s Managing Director, Abubakar Abba Aliyu, described the project as a “game-changer” that will boost the renewable energy sector, improve power access, and create jobs. Meanwhile, Oando Clean Energy’s President, Ademola Ogunbanjo, highlighted plans to establish Africa’s first solar module assembly plant with a recycling line to repurpose old solar panels.
Oando’s Group CEO, Wale Tinubu, reaffirmed the company’s commitment to a “just energy transition,” emphasising its investment in cleaner energy solutions, including electric vehicles for public transport.
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