FG signs 1,265 megawatts renewable energy agreement

The Rural Electrification Agency has signed a Memorandum of Understanding with five private developers to deliver 1,265 MW of renewable energy projects across Nigeria. The deal, signed on July 4, 2024, aims to electrify rural and peri-urban communities, promoting economic growth and improved living standards. The five developers – A4&T Power Solutions, Eauxwell Nigeria Limited,