The Rural Electrification Agency (REA) has signed Memoranda of Understanding (MoUs) with five private developers to deliver 1,265MW of renewable energy in Nigeria.

According to a statement by the REA, the agreements, will deliver a combined 1,265 MW capacity of Distributed Renewable Energy (DRE) projects, benefiting peri-urban and rural communities.

The five developers involved in the partnership are A4&T Power Solutions, Eauxwell Nigeria Limited, Skipper Nigeria Limited, Havenhill Synergy Limited, and Privida Power.

The breakdown of the 1,265 MW capacity showrd that the A4&T Power Solutions, will provide 315 MW; Privida Power 200 MW;
Skipper Nigeria Limited: 250 MW; Eauxwell Nigeria Limited 250 MW; and Havenhill Synergy Limited: 250 MW.

The Managing Director/CEO of REA, Alhaji Abba Abubakar Aliyu, said their combined efforts under the Distributed Access through Renewable Energy Scale-up (DARES) project will include inter-connected minigrids, isolated minigrids, commercial and industrial (C&I) solutions, and productive use of energy (PUE) projects.

Aliyu said, “This MoU demonstrates our commitment to rolling out the RESCOs model and provides developers the opportunity to partner with REA to build mini grids and become RESCOs.”

Also speaking, the India’s High Commissioner to Nigeria, Shri Balasubramanian, said the MoU would improve the improve the bilateral cooperation between Nigeria and India.

“This signing will improve the bilateral cooperation between India and Nigeria. I am very happy that we are sharing our experience to develop the energy sector in Nigeria”, he said.

Representatives from the partnering companies expressed their enthusiasm and commitment to achieving the project’s goals.

Chibuzo Enwegbara of Eauxwell, Omo Williams of Privida, Ankit Kumar of Skipper Energy, Olusegun Odunaya of Havenhill Synergy, and Ayo Ademilua of A4&T Power Solutions, respectively expressed their readiness to support the REA and deliver on their targets.