Sanwo-Olu reaffirms commitment to renewable energy, signs MoU with REA

Sanwo-Olu reaffirms commitment to renewable energy, signs MoU with REA

According to the governor, Lagos alone harbours an estimated 4.5 million generators—many within the 30kVA to 50kVA range—used by businesses and households unable to rely on the national grid. The post Sanwo-Olu reaffirms commitment to renewable energy, signs MoU with REA appeared first on Premium Times Nigeria.

Lagos State set to establish renewable energy university, construct lithium battery facility

The governor of Lagos State promised to address the unstable electricity supply that has seriously harmed businesses by constructing a $150m lithium battery plant

Banks Now Willing to Fund Renewable Energy, But Poor Business Proposals and Policy Missteps Threaten Sector — REA Boss

Nigeria’s energy sector appears to be on the brink of transformation, with new signals suggesting that commercial banks are now more willing to finance renewable energy projects than ever before. Yet, poor-quality business proposals and controversial government policies continue to cast a shadow over the prospects of widespread adoption of clean energy. At the 2025 […] The post Banks Now Willing to Fund Renewable Energy, But Poor Business Propos…

Banks are increasingly willing to finance renewable energy projects in Nigeria – REA MD

The Nigerian energy sector is witnessing significant development, with banks showing increased willingness to finance renewable energy projects.  The post Banks are increasingly willing to finance renewable energy projects in Nigeria – REA MD  appeared first on Nairametrics.

REA, Nigeria ink deal on renewable energy

The Rural Electrification Agency (REA) and the Lagos State Government have formalized a groundbreaking partnership aimed at increasing access to clean energy across the state. This collaboration, sealed through a Memorandum of Understanding (MoU) at the Lagos State Energy Summit, focuses primarily on deploying rooftop solar systems to power public institutions. The agreement aligns with […] The post REA, Nigeria ink deal on renewable energy firs…

Lagos Govt, REA Sign MoU To Expand Renewable Energy Access

April 16, (THEWILL) – The Lagos State Government and Rural Electrification Agency (REA), have signed a Memorandum of Understanding (MoU) to expand access to clean energy in the State. REA, in a statement on Wednesday, said the landmark agreement signed during the Lagos State Energy Summit recently, marks a significant milestone under the REA’s State-by-State