The Minister of Innovation, Science, and Technology, Chief Uche Nnaji pledged collaboration with eager renewable energy investors, particularly those capable of DBO (Develop, Build, Own, and Operate) schemes. Speaking during a visit by Hecate Global Renewables from the USA in Abuja, he emphasized action over mere dialogue, urging companies to take tangible steps. Stressing the prevalence of talk without corresponding action, he challenged Hecate Global Renewables to demonstrate their commitment by initiating tangible projects.
Expressing concerns about abandoned solar power ventures nationwide, the Minister highlighted the necessity of completing these projects. He emphasized interest in establishing solar panel and battery manufacturing units in the country, citing the presence of lithium deposits in several Nigerian states.
Representing Hecate Global Renewables, Ms. Catherine Jimmy Mfere discussed the company’s African endeavors, having established solar power plants in Ghana, Sierra Leone, Gambia, Malawi, and Zambia. She outlined their intentions for Nigeria, including building solar power plants, setting up manufacturing units for solar panels and batteries, advancing battery storage technologies, and offering workforce training. Their strategy revolves around the Develop, Build, Own, and Operate model through public-private partnerships.
The Director-General of the Energy Commission of Nigeria (ECN), Dr. Abdullahi Mustapha, echoed the country’s commitment to renewable energy, emphasizing the need to reduce Nigeria’s carbon footprint and align with the global efforts to limit global warming. He mentioned a planned investment of approximately 4.4 trillion Naira in solar and renewable energy, aligning with the International Renewable Energy Agency (IRENA) recommendations.
The visit culminated in the signing of a Memorandum of Intent between the Ministry and Hecate Global Renewables, marking a potential collaborative step towards boosting Nigeria’s renewable energy sector.
