Jera Launches 20-GW Global Green Energy Platform

Apr 15, 2024 12:27 PM ET
  • Jera Co's new venture, JERA Nex, aims to deploy 20 GW of green energy by 2035, led by Nathalie Oosterlinck to drive a future of sustainable, affordable power.

Japanese power utility Jera Co has launched a UK-based global green energy business called JERA Nex, with the goal of deploying 20 GW of renewable energy capacity by 2035 to support its 2050 zero-carbon emissions target. The new entity will focus on developing, investing in, owning, and operating renewable energy assets in offshore and onshore wind, solar, and battery storage sectors. Jera will transfer most of its 3-GW installed renewable energy fleet and 10-GW development pipeline to JERA Nex to kickstart the business.

Nathalie Oosterlinck, head of Global Renewables at Jera, will lead the new company, which aims to develop high-quality projects and consider selective acquisition opportunities. Jera's global CEO and Chair, Yukio Kani, stated that JERA Nex will leverage expertise from around the world to contribute to a future of decarbonized energy with sustainability, affordability, and stability.

What is Jera Co's goal for renewable energy capacity by 2035?

  • Jera Co's goal for renewable energy capacity by 2035 is to deploy 20 GW
  • JERA Nex will focus on developing, investing in, owning, and operating renewable energy assets in offshore and onshore wind, solar, and battery storage sectors
  • Jera will transfer most of its 3-GW installed renewable energy fleet and 10-GW development pipeline to JERA Nex
  • Nathalie Oosterlinck, head of Global Renewables at Jera, will lead the new company
  • JERA Nex aims to develop high-quality projects and consider selective acquisition opportunities
  • JERA Nex will leverage expertise from around the world to contribute to a future of decarbonized energy with sustainability, affordability, and stability.

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