By Abdullahi Lukman
Governor Monday Okpebholo of Edo State has unveiled plans to attract investors into the renewable energy sector by offering incentives designed to boost alternative power solutions and improve electricity supply.
Speaking at the Edo Renewable Energy Summit through the Commissioner for Power, Paul Usenbo, the governor reaffirmed his administration’s resolve to deliver reliable and uninterrupted electricity to residents.
The summit gathered key players in the energy sector, including industry leaders, development partners, and experts, to explore sustainable solutions.
Okpebholo described energy as central to economic expansion, industrial progress, and improved living standards. He stressed the importance of developing a diversified energy mix driven by innovation, sustainability, and targeted investments in renewable sources.
He noted that Edo State is well-positioned to become a hub for clean energy, citing its rich solar and biomass resources.
Harnessing these, he said, would ensure steady power supply, support businesses, and create employment opportunities.
The governor also pointed to ongoing infrastructure efforts, including the 100MW Ologbo Power Plant and a Liquefied Natural Gas facility, as major steps toward increasing generation capacity and stimulating industrial growth.
Highlighting the need for collaboration, he said government alone cannot achieve the state’s energy goals, calling for stronger partnerships with private investors, development organisations, and innovators.
Meanwhile, the Director-General of the Edo State Electrification Agency, Saturday Omozokpea Egbadon, revealed that over 200 renewable energy proposals submitted to the state were largely unfeasible. He urged investors to carry out proper feasibility studies and better understand local energy demands, particularly for mini-grid projects.
Participants at the summit also advocated for improved regulations and capacity-building measures to enhance the success and sustainability of renewable energy investments in the state.
