- OCEL launched Nigeria’s first National Wind Capacity Report, providing data-driven insights for climate action and infrastructure planning.
- The company highlighted Project LightSpeed and Project Solis to promote decarbonisation, local manufacturing, and sustainable growth
Oando Clean Energy Limited (OCEL), a subsidiary of Oando Plc, joined the Lagos State delegation at the 30th UN Climate Change Conference (COP30) in Belém, Brazil. The company reaffirmed its commitment to advancing Nigeria’s clean energy transition through investment and collaboration.
OCEL participated alongside Greenplinth Africa Ltd, the Lagos Metropolitan Area Transport Authority (LAMATA), and the Impact Investors Foundation, representing Nigeria’s efforts to support climate solutions across Africa.
In addition, OCEL President Ademola Ogunbanjo launched Nigeria’s first National Wind Capacity Report at the Global Renewables Hub Pavilion. The report maps wind resources across all 36 states and the FCT. Ogunbanjo also said the report marks a new phase in Nigeria’s climate action, using data and partnerships to drive real-world change.
He added that urban development and collaboration can support local economies while enabling a smooth transition to cleaner energy. Furthermore, he stated that Africa’s energy transition requires partnerships among governments, private investors, and innovators to turn ambition into measurable impact.
OCEL also showcased its flagship projects under Nigeria’s Energy Transition Plan. Project LightSpeed is a pioneering electric mass transit system in Lagos that will deliver 12,000 electric vehicles and 5,000 charging units over the next seven years. Project Solis is Africa’s largest planned solar module assembly plant, with an annual capacity of 1.2 GW and two million locally manufactured units.
These projects aim to decarbonise Nigeria’s transport sector, promote local manufacturing, and support sustainable economic growth. OCEL said its participation in COP30 reinforces Nigeria’s goal of achieving carbon neutrality by 2060 and highlights the role of public-private partnerships in scalable climate action.