- FUOYE has signed an MoU with Beeg Energy Nigeria Limited to pioneer clean energy and carbon market solutions on its campus.
- The partnership will address the university’s power challenges, cut emissions, and give students hands-on experience in energy and climate technologies.
Federal University Oye Ekiti (FUOYE) announced on Thursday, September 25, that it has signed a memorandum of understanding with indigenous energy-tech company Beeg Energy Nigeria Limited to pioneer clean energy and carbon market solutions on its campus.
FUOYE Vice-Chancellor Prof. Olubunmi Shittu, represented by Registrar Mufutau Ibrahim, signed the agreement alongside Beeg Energy Chief Executive Officer Favour Leo-Adegun.
Shittu said the deal marked “a new dawn” for the university, adding that its long-standing energy challenges would soon end.
Furthermore, Leo-Adegun said the partnership would help quantify and reduce FUOYE’s carbon emissions, enabling the university to participate in the global carbon credit market. He added that the initiative would provide students and researchers with hands-on opportunities at the intersection of energy, climate change and technology.
“By choosing to work with a home-grown start-up, FUOYE reaffirms its belief that indigenous innovation is key to solving Nigeria’s energy and climate challenges,” Leo-Adegun said. He added that the collaboration could also pave the way for deploying a Virtual Power Plant to boost electricity reliability on campus.
University officials, including the pioneer provost of FUOYE’s College of Medicine, Prof. Patrick Adegun, and Director of Distance Learning Prof. Abiodun Ajiboye, attended the signing.
The agreement comes after Nigeria’s Ministry of Education signed a separate MoU with the Rural Electrification Agency under the federal Energising Education Programme. The programme aims to deliver round-the-clock power to eight additional universities, with mini-grids ranging from 1.1 to 12.5 megawatts under construction nationwide.