Jakson Green, a new energy transition platform backed by India-based infrastructure and renewables conglomerate Jakson Group, has set up an office in Dubai as the company aims to become a leading provider of sustainable energy solutions across the Middle East and North Africa (MENA) region.
The MENA region holds immense potential for renewable energy development, and Jakson Green is committed to playing a pivotal role in unlocking this potential. Our Dubai office will serve as a dynamic workspace for our growing team of experts, fostering closer collaborations with our partners and clients in the MENA region, stated Jakson Green.
The MENA region has one of the world’s highest levels of solar irradiance. Saudi Arabia expects to have a 40 GW solar market by 2030, with growth to be driven by auctions, unsolicited bilateral utility contracts, corporate PPAs, and state-owned projects. A 2 GW solar park is scheduled to come online by the end of 2025. Apart from that, in 2022, the United Arab Emirates introduced regulation to increase the percentage of renewables in the country’s electricity mix to 60% by 2035, according to The Middle East Solar Industry Association (Mesia) which reviews the achievements of key PV markets in the MENA region.
Jakson Green focuses on new energy assets spanning solar, utility-scale storage, waste-to-energy, fuel cell technologies, gasification-based projects, green hydrogen, and green ammonia projects.
Promoted and led by Bikesh Ogra, the firm has amassed a renewable EPC order book of around INR 5,000 crore ($601 million) within a year of inception with utility-scale renewable EPC projects secured in West Africa, GCC [Gulf Cooperation Council], and CIS [Commonwealth of Independent States] countries, alongside a substantial array of renewable EPC contracts in India. The company plans to deliver 5 GW of renewable energy assets by 2027 and 10 GW by 2030. It recently set up an electrolyzer manufacturing unit, besides building and operating green hydrogen assets globally.
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