PPP key to achieving innovative, sustainable renewable energy – EU

PPP key to achieving innovative, sustainable renewable energy – EU

The European Union (EU) has stated that creative partnerships between the public and private sectors, including research and innovation ecosystems, are key to achieving the country’s clean energy goals.

The Union praised Nigeria’s abundant and exceptional human talent and natural resources, describing them as critical ingredients for building innovation ecosystems, appreciating how innovative breakthroughs are reshaping the global energy landscape,

The EU Ambassador to Nigeria and ECOWAS, Gautier Mignot, who was represented by the Deputy Ambassador, EU Delegation to Nigeria and ECOWAS, Zissimos Vergos, disclosed this during the Nigeria Renewable Energy Innovation Forum (NREIF), in Abuja.

He highlighted how over €200 million in grants from the EU has continued to strengthen the country’s power sector since 2008, adding that, “our most recent energy sector programme, launched in 2021 with a €100 million (N175bn) budget, is aimed at adding 400 megawatts of new renewable capacity by 2027, directly benefitting more than five million Nigerians.”

Mignot noted that innovation that accelerates inclusive energy and digital transformation processes has become an essential intergenerational process and an integral part of political legacies that will be duly recognised by future generations.

Explaining how proper synergy between the public and private sectors and research and innovation ecosystems works, he said, “The public sector brings the policy frameworks; the private sector brings agility and technical expertise; research institutions bring insight and innovation.”

Further stating that effective policies and regulations, together with strengthened capacity building, are essential to scale energy solutions sustainably, he added, “Across rural Nigeria, off-grid renewable solutions are transforming lives.

“Mini-grids and solar home systems, powered by creative public–private partnerships, are lighting homes, energising small businesses, and expanding opportunity.

“Research institutions must continue providing evidence-based insights on energy demand, consumer behaviour, and resilient business models to ensure that innovation truly serves local communities.”

Reiterating the EU’s commitment to Nigeria’s energy security and economic resilience, especially through programmes like GET.invest Nigeria and the EU’s Global Gateway, the EU Ambassador said, “The EU remains deeply committed to supporting these efforts through direct research grants, local capacity development, and mobilising private investment, demonstrating a shared vision for sustainable energy access, clean industry, and inclusive growth.

“Whether for large grid-connected solar farms or small decentralised systems, our shared path depends on harnessing Nigerian ingenuity, industrial potential, and entrepreneurial spirit.”

Hailing Nigeria’s advancement in the era of the green and circular economy, Amb. Mignot added, “The pace of this journey toward sustainable, accessible energy will depend on how successfully the public sector, private sector, and innovation ecosystem work together.

“Through sustained collaboration, continuous research, and aligned investment, Nigeria can realise a greener grid, stronger off-grid systems, and a thriving renewable energy industry.”

The event, which was attended by Nigeria’s Vice President, Kashim Shettima; Governors from Ogun and Bayelsa States; the Minister of Power, Chief Adebayo Adelabu; the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu; the Managing Director of the Rural Electrification Agency (REA); members of the diplomatic corps, academics, and private sector stakeholders that focused on bridging public private research divides to accelerate green energy transformation.

PPP key to achieving innovative, sustainable renewable energy – EU