Powercell Limited is excited to announce a transformative Memorandum of Understanding (MoU) with the Rural Electrification Agency (REA). This strategic partnership marks a major milestone in our ongoing efforts to improve energy access throughout Nigeria. As one of the chosen Renewable Energy Service Companies (RESCOs), we are dedicated to providing clean, reliable, and sustainable energy solutions to rural communities that have been historically unserved or underserved. This collaboration underscores our commitment to fostering sustainable development and enhancing the quality of life for countless Nigerians.
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Our initiative will bring renewable energy to 250 communities in key states, including Benue, Ondo, Oyo, Ogun, and Nasarawa. By the end of 2025, this project aims to increase our renewable energy capacity by 25 megawatts, deploying innovative mini-grid solutions. These efforts will ensure stable, sustainable electricity, transforming the lives of millions of households and invigorating local economies.
This MoU underscores our unwavering commitment to driving Nigeria’s clean energy transition. Our partnership with REA aligns seamlessly with our vision of implementing innovative renewable energy solutions to reshape the energy landscape and stimulate socio-economic growth in rural and peri-urban areas.
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As we embark on this transformative journey with the REA and our strategic partners, Powercell Limited will harness our expertise and resources to cultivate a sustainable energy future for Nigeria and Africa. We are dedicated to making clean and reliable power accessible to all.
The MoU signing ceremony was well attended by distinguished individuals, including but not limited to the MD/CEO REA of Rural Electrification Agency of Nigeria (REA) Abba Abubakar Aliyu; the Comptroller General of Nigeria Immigration Service, Kemi Nana Nandap; Executive Secretary of the Nigeria Police Trust Fund, Mohammad Sheidu; the Executive Director of Rural Electrification Fund; Hon. Engr. Doris Uboh; and our CEO, Omotayo Balogun among other notable dignitaries.
We are excited to lead this transformative initiative and are eager to play a crucial role in advancing Nigeria’s clean energy agenda for a brighter, more sustainable future.