– Plant to be powered with floating solar panels

Sam Okeotuonye
Lagos — The Rural Electrification Agency, REA, has announced plans to partner with the Lagos State Government to establish an 8-megawatt renewable power plant using floating solar panels.
REA said the plant will power the Lagos State University, LASU.
It is part of a landmark Memorandum of Understanding, MoU, between the agency and the Lagos state government to expand access to clean energy in the state, with a focus on powering public institutions through rooftop solar systems.
noted that the agreement, signed during the Lagos State Energy Summit, marked a significant milestone under the REA’s State-by-State Initiative, stressing that the deal aligned with the Federal Government’s objective to enhance electricity access at the subnational level, as outlined in the 2023 Electricity Act.
A statement issued on Wednesday by the agency said the MoU, signed during the Lagos State Energy Summit, marked, is a significant milestone under the REA’s State-by-State Initiative and that the deal aligns with the Federal Government’s objective to enhance electricity access at the subnational level, as outlined in the 2023 Electricity Act.
“The new partnership will support the deployment of sustainable, distributed energy solutions across Lagos, addressing the widespread use of over four million diesel generators in the state.
“The initiative aims to replace this fragmented energy landscape with reliable, renewable alternatives”, REA stated.
The Lagos State Deputy Governor Dr. Obafemi Hamzat, who represented Governor Babajide Sanwo-Olu at the MoU signing ceremony, noted the importance of strategic partnerships in tackling energy challenges.
“We have excess power generation—but it’s misdirected and not evenly distributed. This collaboration with REA will help bridge that gap,” he said.
The Managing Director/CEO of REA, Abba Abubakar Aliyu, while speaking during the event, disclosed that there were many projects under the new agreement, including plans for Nigeria’s first floating solar PV plant of 8MW to power the Lagos State University.
He also highlighted the upcoming $150 million Lithium Battery Assembly Plant at the Lekki Free Trade Zone and the establishment of a Renewable Energy University to boost local skills and innovation.