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REAN urges action to accelerate Nigeria鈥檚 clean energy transition
via Punch Nigeria2 min read
The Renewable Energy Association of Nigeria REAN has called on stakeholders in the energy sector to move beyond policy discussions and accelerate concrete actions to unlock investment and drive Nigeria鈥檚 clean energy transition. This call followed the Solar & Storage Live Nigeria 2026 conference in Lagos, which gathered government officials, regulators, investors, and renewable energy companies. REAN President, Ayo Ademilua, stated that Nigeria's renewable energy sector is at a "defining moment," emphasizing the importance of solar energy and battery storage for the country's future energy mix. He urged stronger collaboration among government, regulators, financial institutions, development partners, and the private sector. Ademilua highlighted the need to prioritize local manufacturing, affordable financing, technical capacity development, innovation, quality assurance, and an enabling policy environment. REAN Chief Executive Officer, Motunrayo Akinfala, stressed that the focus must now shift from policy development to implementation, mobilizing investment, supporting local businesses, enforcing quality standards, and delivering reliable clean energy solutions. Conference discussions centered on attracting long-term investment, fiscal incentives, local content development, expanding state electricity markets, improving access to finance, strengthening local manufacturing, workforce development, product quality assurance, and the role of battery storage. Participants also emp
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