Monday Okpebholo has assured investors of attractive incentives to boost investment in alternative and renewable energy solutions, aimed at improving power supply across Edo State.
Speaking at the Edo Renewable Energy Summit, the governor reiterated his administration’s commitment to providing reliable electricity for residents. The summit brought together energy experts, industry leaders, and development partners to discuss sustainable power solutions.
Represented by the Commissioner for Power, Paul Usenbo, Okpebholo described energy as a key driver of economic growth, industrial development, and improved quality of life. He highlighted the state’s focus on adopting a balanced energy mix, guided by innovation, sustainability, and strategic investment in renewable sources.
“Edo State is strategically positioned to emerge as a leader in clean and sustainable energy. The state has abundant potential in solar, biomass, and other renewable resources which, when fully harnessed, will guarantee reliable electricity, power industries, and create jobs,” he said.
The governor also noted that the state government is strengthening energy infrastructure, pointing to the recent groundbreaking of a 100MW Ologbo Power Plant and a Liquefied Natural Gas (LNG) facility as critical steps to increase generation capacity and support industrial growth.
Okpebholo stressed that achieving the state’s energy transition goals requires collaboration, as government efforts alone cannot meet the objectives. “Partnerships with the private sector, investors, development organisations, and innovators are essential to unlocking opportunities in renewable energy,” he added.
Also speaking, the Director-General of the Edo State Electrification Agency, Saturday Omozokpea Egbadon, noted that over 200 renewable energy proposals submitted to the state were found largely unfeasible. He urged investors to carry out proper feasibility studies and assess the specific energy needs of communities, particularly when identifying sites for mini-grid deployment.
Investors at the summit further recommended enhanced regulatory frameworks and capacity-building initiatives to improve the success of renewable energy projects across the state.
