Latest news with #JaksonGreen
Time of India
3 days ago
- Business
- Time of India
Jakson Green bags operation & maintenance order of 1 GWp solar portfolio
New Delhi: Renewable energy player Jakson Green has secured new operation and maintenance projects of 1 gigawatt peak (GWp) solar portfolio. The company has secured the new project through its asset management arm - Jakson Green Renewables, it said in a statement. With the latest additions, Jakson Green's total operation and maintenance (O&M) portfolio now stands at 5 GWp. These projects comprise four high-capacity solar projects , ranging from 75 MWp to 435 MWp, strategically located across Rajasthan, Chhattisgarh, and Tamil Nadu. "With a portfolio now at 5 GWp, we are well-positioned to drive sustainable energy solutions across India and beyond. Our focus remains on delivering superior operational performance and maximising returns for our clients," Kannan Krishnan , Joint Managing Director of Jakson Green, said. The Noida-based company has a solar EPC portfolio exceeding 8 GWp globally, 5 GWp of renewable O&M, and over 1.5 GWp of assets under development. PTI
Reuters
30-01-2025
- Business
- Reuters
Macquarie Asset owned Blueleaf to invest $400 mln in Jakson Green's India solar assets
Jan 30 (Reuters) - Renewable energy platform Blueleaf Energy, owned by a Macquarie Asset Management managed fund, will invest $400 million in 1 gigawatt (GW) of solar projects of India's Jakson Green in the northwestern state of Rajasthan, the companies said on Thursday. The investment will be made in three solar projects, which are expected to be commissioned in 2025-2026 and will be funded through a combination of debt and equity, the companies said. Advertisement · Scroll to continue Report this ad There is a growing interest in renewable energy assets in India as the country aims to increase its non-fossil fuel capacity to 500 GW by 2030 from about 162 GW at present and is still short of its much-publicised pledge to add 175 GW by 2022. In December, Indian billionaire Sajjan Jindal led JSW Energy ( opens new tab acquired renewable energy platform O2 Power's subsidiaries in a deal worth $1.47 billion. Blueleaf Energy and Jakson Green are also targeting setting up more than 5 GW of renewable capacity in India by 2030, they said. Singapore-headquartered Blueleaf Energy has more than 7 GW of solar, wind and storage projects in the development pipeline, while Jakson Green has more than 1 GW of renewable energy assets under development. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
