The Federal Government has taken a major step in its renewable energy drive with the signing of a landmark agreement to establish a 1,000-megawatt solar photovoltaic panel manufacturing facility in Nigeria.
The project, officials said, will strengthen local production capacity, reduce dependence on imports, and accelerate Nigeria’s clean energy transition.
The deal was signed on Wednesday at the Infrastructure Corporation of Nigeria (InfraCorp) office in Abuja, bringing together three key partners — the Rural Electrification Agency (REA), InfraCorp, and Dutch renewable energy firm Solarge BV. Together, they have formed Solarge Nigeria Limited, a special-purpose vehicle to build and operate the factory.
Under the ownership structure, Solarge BV holds the largest stake at 49 per cent, while InfraCorp controls 26 per cent and REA retains 25 per cent. Officials explained that this equity balance reflects a public-private partnership model designed to mobilise investment, ensure accountability, and guarantee technology transfer.
The factory is strategically aligned with the National Public Sector Solarisation Initiative and the Renewed Hope Infrastructure Development Fund, both of which aim to expand access to clean energy across public institutions while deepening Nigeria’s industrial base.
Analysts say the project could be a turning point in local solar manufacturing, positioning Nigeria as a regional hub for renewable energy technology.
