Ogun State Government has signed a landmark partnership deal with two leading Renewable Energy Service Companies (RESCOs) to generate about 1,100 megawatts of solar power as part of efforts to boost the state’s industrial growth and promote clean energy production.
The agreement, sealed in Abuja at the instance of Vice-President Kashim Shettima, was made on behalf of Tinubu during the Nigeria Renewable Energy Innovation Forum (NREIF) 2025, which held between October 14 and 15 at the Transcorp Hilton Hotel.
The two companies involved in the partnership are Tranos Contracting Limited, which will establish a 600MW solar panel manufacturing plant and battery pack in the state, and Vision Gas and Power Limited, which is set to establish a 500MW solar panel manufacturing plant, with expansion plans to reach 1GW capacity in the future.
According to a statement issued by Kayode Akinmade, the Special Adviser to the Ogun State Governor on Media and Strategy, the initiative aligns with the state’s industrialization agenda and reflects its commitment to economic diversification and environmental sustainability.
Akinmade said, “These partnerships will ultimately spotlight Ogun State as a leader in innovation, industrial readiness and inclusive growth, while affirming our commitment to economic diversification and environmental sustainability.”
He added that the initiative would attract more investments and position Ogun as a model of industrial innovation. “By expanding local capacity for clean energy production, we are reducing dependence on imports and laying a foundation for inclusive industrial growth,” he said.
The forum, themed “Implementing the Nigeria First Policy: Facilitating Local Content Development and Manufacturing in the Renewable Energy Ecosystem (NREIF 2025),” was organized by the Federal Ministry of Power in collaboration with the United Nations Development Programme (UNDP), the National Agency for Science and Engineering Infrastructure (NASENI), and the Alliance for Rural Electrification (ARE).
Vice-President Shettima, who chaired the 2025 edition of the forum, reaffirmed the Federal Government’s commitment to supporting renewable energy development.
He said, “Nigeria is ready to harness the vast opportunities in renewable energy, and we welcome state-led partnerships like Ogun’s that drive local manufacturing, innovation and job creation.”
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