Jakson Green secures debt for Uzbekistan solar project

• Jakson Green secures INR-2.96-billion credit facility for Uzbekistan solar project, fueling international expansion and ambitious renewable energy goals.

Jakson Green, an Indian energy company, has secured a INR-2.96-billion credit facility from First Abu Dhabi Bank to support its 250-MW solar project in Uzbekistan. The project includes a co-located battery energy storage system and is part of the company's international expansion plans.

The financing will also be used to expand Jakson Green's presence in markets such as the Middle East, Africa, the Commonwealth of Independent States (CIS), and Europe. The company aims to deliver 10 GW of renewable energy assets by 2025, 20 GW by 2030, and produce over one million tonnes of green hydrogen by the end of the decade. Jakson Green recently obtained a sustainability-linked credit facility from HSBC to support its renewable energy business.

How is Jakson Green expanding its international presence in the solar industry?

• Jakson Green has secured a INR-2.96-billion credit facility from First Abu Dhabi Bank to support its 250-MW solar project in Uzbekistan, including a co-located battery energy storage system.
  
• The company's international expansion plans include markets such as the Middle East, Africa, the Commonwealth of Independent States (CIS), and Europe.
  
• Jakson Green aims to deliver 10 GW of renewable energy assets by 2025, 20 GW by 2030, and produce over one million tonnes of green hydrogen by the end of the decade.
• Recently, the company obtained a sustainability-linked credit facility from HSBC to support its renewable energy business.