The Ogun State Government has entered into a partnership with two leading renewable energy service companies (RESCOs) to generate about 1,100 megawatts of solar power in the state to boost its industrial base.
The companies involved are Tranos Contracting Limited, which will establish a 600MW solar panel manufacturing plant and battery pack facility, and Vision Gas and Power Limited, which will set up a 500MW solar panel manufacturing plant with potential expansion to 1GW.
The agreement was sealed at the instance of Vice-President Kashim Shettima, representing President Bola Tinubu, during the Nigeria Renewable Energy Innovation Forum (NREIF) 2025, held between October 14 and 15 at the Transcorp Hilton Hotel, Abuja.
A statement by the Special Adviser to the Ogun State Governor on Media and Strategy, Kayode Akinmade, said the forum was convened 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), with Vice-President Shettima serving as the 2025 chairman.
With the theme “Implementing the Nigeria First Policy: Facilitating Local Content Development and Manufacturing in the Renewable Energy Ecosystem,” the forum serves as Nigeria’s premier platform to shape the future of renewable energy manufacturing by bringing together global leaders, investors, and policymakers.
“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,” the statement said.
It added that the initiative aligns with the state’s vision to attract investments that drive a strong economic base, create jobs, and position Ogun as a model of innovation and sustainability.
“By expanding local capacity for clean energy production, we are reducing dependence on imports and laying a foundation for inclusive industrial growth,” the statement concluded.