Juniper Green Energy Inks Massive 1 GW Renewable Energy Deal in India

Project to Combine Solar, Wind, and Battery Storage Across Gujarat and Rajasthan

Juniper Green Energy has announced a landmark Power Purchase Agreement (PPA) with SJVN, a state-owned power utility. This agreement, hailed as the company’s largest project to date, paves the way for significant renewable energy development across two Indian states.

The 25-year PPA secures a firm and dispatchable renewable energy contract for 320 MW, with plans to develop a total capacity of approximately 1 GW across Gujarat and Rajasthan. This project marks Juniper Green Energy’s foray into more complex solutions, incorporating energy storage and hybrid power plants to ensure consistent and reliable renewable energy delivery.

“This 1 GW PPA with SJVN demonstrates our capability to undertake and successfully deliver large-scale, impactful hybrid projects, combining Solar, Wind and Battery Storage, that drive the national agenda for a sustainable future,” said Naresh Mansukhani, CEO of Juniper Green Energy.

The project is expected to generate 2,179 million units (MU) of clean energy annually, significantly offsetting carbon emissions by an estimated 2.04 million tonnes per year. This translates to providing better energy access for roughly 434,000 households, fostering regional development and bolstering India’s sustainability efforts.

The agreement strengthens Juniper Green Energy’s position as a major player in India’s growing renewable energy sector. The company’s total operational and under-construction capacity is set to reach an impressive 2.5 GW with this project.