Noida-based Jakson Green plans to invest up to USD one billion over the next four years to expand its renewable energy portfolio, combining debt and equity financing.

The company’s EPC business generates strong cash flows, supporting liquidity needs. Jakson Green is also exploring partnerships, as seen in its recent deal with Macquarie-owned Blueleaf Energy, which acquired a significant stake in Jakson Green’s one GW solar portfolio for USD 400 million. Blueleaf will hold separate stakes in three Rajasthan solar projects, which have secured grid connectivity and power purchase agreements. With a seven GW pan-Asian renewable energy pipeline, Blueleaf adds strategic strength to Jakson Green’s expansion.

Jakson Green aims to build a five GW renewable energy portfolio, requiring an annual investment of USD 400-500 million.

Jakson operates six manufacturing plants across India, including genset facilities in Gujarat and Maharashtra with an annual production capacity exceeding 15,000 units. In Greater Noida, Uttar Pradesh, the company manufactures battery energy storage systems (BESSs), solar modules, and electrolysers. Its solar module plant has a capacity of 1.2 GW per annum, producing half-cut cells, mono, and bifacial modules, while the electrolyser plant under Jakson Green has a 300 MW capacity, supporting both alkaline and PEM technologies.