Public-Private Partnership in Renewable Energy will address Africa’s Energy crisis — JRB CEO
By Gloria Akudoro, Abuja
The Chief Executive Officer of JRB Solar Investment Limited, Mr Jimoh Rauf Badamosi, has advocated for the partnership between state-owned enterprises and private organisations in renewable energy production in order to swiftly alleviate Africa’s energy crisis.
Badamosi, who made this disclosure at the just concluded 3-Day first Nigeria- Africa Natural Resource and Energy Investment Summit held in Abuja, said sustainable energy remains the key for Africa’s socio-economic development.
Speaking on the topic “Towards Greener Africa,” he challenged African government to look seriously in that direction.
He added that Nigeria has some of the best clean, renewable energy potentials in the world which could be leveraged on to boost production, create jobs and improve the quality life of the rising population.
In other to revolutionalise the energy sector, the CEO of JRB Solar Investment urged for a made case to be presented for a workable cooperation between state-own firm and private groups.
Badamosi also stated that as a private enterprise, JRB Solar Investment Limited have within the decades installed quantum megawatts of electricity through solar energy to power homes, rural communities and organisations in different parts of Nigeria adding that the company is working effortlessly to triple the number across Africa in the coming years.
“The reality on ground is that the private sector is currently the driving force behind much of the renewable energy projects in Africa.
“However, partnership between State-owned enterprises and private organisations will be a catalyzing factor that will transform our energy sector.”
“For us in JRB Solar Investment Limited, we are interested in a partnership with the Government of Nigeria which would enable us generate power through solar energy systems to support the national grid. The sun shines on every roof and it is only fair and sensible to let it address our energy needs.”
He noted that more and more indigenous private renewable energy companies are springing up in Nigeria and indeed Africa, many of which are capable of handling big projects.
“I therefore urge our governments to put these companies into consideration when contracting for renewable energy projects
“Having such confidence in indigenous renewable energy companies will further ensure the quicker socioeconomic transformation of the continent.
“On our part as a private enterprise, JRB Solar remains fully committed to supporting this collective effort with data, technical knowledge, products, services and advisory capabilities.”
The week-long first ever Nigeria-Africa Natural Resource and Energy Investment Summit which convened the African mining, finance, power/energy, oil and gas sectors to chart a way forward for the development of natural resource and energy projects, ended in Abuja on Friday, 3rd June, 2022.
The summit was initiated to discover solutions, exhibit technologies and products that will lead to the growth and industrialisation of Africa in a more climate friendly manner while also encouraging the development of financing of green energy projects.
JRB Solar Investment Limited, a leading indigenous brand in clean and renewable energy was among energy companies from across Africa that exhibited their products and services at the summit.
