EM-ONE and REA sign MoU to deploy 350MW of renewable energy projects in Nigeria

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  • Nigeria’s Rural Electrification Agency (REA) and EM-ONE Energy Solutions (EM-ONE) signed a Memorandum of Understanding (MoU) to develop and deploy a groundbreaking 350 megawatts of renewable energy projects across Nigeria.  

This strategic partnership between EM-ONE and REA will significantly enhance Nigeria’s renewable energy sector and further support the country’s sustainable development in line with the Federal Government’s objectives of carbon neutrality by 2060.

The partnership between REA and EM-ONE will be supported by a $750 million DARES Project (Distributed Access to Renewable Energy Scale-Up), funded by the World Bank and administered by REA. DARES is expected to launch later in 2024. 

The collaboration will significantly increase generation capacity within Nigeria, with EM-ONE focused on developing and deploying interconnected mini-grids (IMGs), healthcare facility electrification, e-mobility, smart grids, virtual power plants (VPP) and capacity building for renewable energy across Nigeria.

Interconnected mini-grids, smart grid technologies and virtual power plants (VPP) lie at the heart of this partnership. IMGs enable interconnection between distributed energy resources (DREs) and are the most cost-efficient solution to bridge the country’s energy access gap. Leveraging smart grid technologies and VPP – the IMGs can be considered building blocks of Nigeria’s grid of the future, increasing grid visibility, optimizing power flows, and enabling the grid-interconnection of renewable energy at scale.

EM-ONE will focus on developing and deploying up to 200 MW of renewable energy capacity at commercial and industrial (C&I) sites with large surrounding communities and up to 150 MW for health facility electrification.

EM-ONE and REA’s partnership will also champion demonstration events, pilot projects, and programs to incentivize electric vehicle adoption and promote sustainable transport in Nigeria while overall building local capacity on renewable energy.

With the signing of this strategic MoU, EM-ONE joins the Renewable Energy Service Companies (RESCOs), a new initiative under the REA. RESCOs will play an incredibly crucial role in complementing Distribution Companies (DISCOs) by focusing on utility-scale portfolios ranging from 50 to 100 MW.

Author: Bryan Groenendaal


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