The Rural Electrification Agency (REA) says it has signed an agreement with Oando Clean Energy Limited (OCEL) to boost renewable energy access across Nigeria.
REA, in a statement on Wednesday, said the signing is a result of the success of its recently held Solar Power Naija (SPN) investor matchmaking event.
It said the MoU signing aims to boost collaboration between the private sector and government agencies towards deploying sustainable renewable energy access nationwide.
The agency said as it continued to play a key role in the nation’s off-grid, renewable energy space, it has maintained a strong history of drawing in private sector investment, facilitating inter-sectoral collaboration and aiding the implementation and delivery of fit-for-purpose off-grid solutions nationwide.
It explained that a critical player in the energy space, the Oando brand, activated its clean energy subsidiary, Oando Clean Energy Limited (OCEL), in 2021.
It said the REA-Oando…