Sunsure Energy signs long-term solar PPA with Jakson Engineering

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Sunsure Energy, a renewable energy solutions provider for businesses and utilities, has signed a long-term solar power purchase agreement (PPA) with Jakson Engineering Ltd, part of the Jakson Group, for a capacity of 4.7 MWp.

Under the agreement, Sunsure will supply approximately 7.28 million kWh (units) of solar power annually to Jakson’s corporate office in Noida and its manufacturing facility in Greater Noida, significantly increasing the share of renewable energy in its operations.

The solar power supply is expected to help offset around 80% of conventional energy consumption at Jakson’s corporate office and up to 40% at its manufacturing facility. The transition is expected to offset nearly 5.2 million kgs of carbon dioxide emissions annually, equivalent to the environmental benefit of planting more than 2.3 lakh trees.

“At Jakson, sustainability is not just a target, it is fundamental to our business,” said Gagan Chanana, joint managing director & CEO, Jakson Solar Modules and Cells Business. “Our collaboration with Sunsure Energy marks a significant step in integrating clean energy across our operations.”

Shashank Sharma, founder, chairman and CEO, Sunsure Energy, said, “India’s energy transition is being shaped by how decisively industries integrate clean power into their day-to-day operations. JAKSON Group is itself deeply involved in India’s renewable energy ecosystem. A partnership of this nature therefore reflects the growing conviction within the industry that the transition to clean energy is both inevitable and essential.”

Sunsure Energy currently supplies round-the-clock renewable energy to commercial and industrial customers across India, supporting decarbonisation across sectors such as FMCG, data centres, ceramics, cement, iron & steel, pharmaceuticals, heavy engineering, and metals.

Sunsure is backed by Partners Group AG with an equity commitment of $400 million towards its vision of building the largest industrial decarbonisation company in India and Southeast Asia. It has 700 MW operational assets and 7.1 GW under various stages of development across Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan, and Karnataka. The company targets a 10 GW portfolio by 2030.

 

 

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