https://renergyinfo.com/juniper-green-energy-surpasses-1-2-gw-of-renewable-energy-capacity/

Juniper Green Energy’s Renewable Energy Capacity

Juniper Green Energy, a prominent independent renewable energy power producer, has achieved a remarkable milestone by crossing the 1.2 GW mark in renewable energy capacity. This significant achievement has been fueled by the recent power purchase agreements (PPAs) and letters of award (LOAs) secured by the company over the last few months.

A Portfolio of Clean Energy: Diverse Generation Sources

Juniper Green Energy has established itself as a key operator of solar, wind, and hybrid power projects. Through strategic efforts and competitive bids, the company has secured an additional 190 MW of Wind capacity from Gujarat Urja Vikas Nigam Limited (GUVNL) and 105 MW of Solar capacity from Maharashtra State Electricity Distribution Company Limited (MSEDCL). These accomplishments not only underscore the company’s commitment to renewable energy but also contribute to the realization of a more sustainable future.

A Green Vision: Achieving Energy Sustainability

These projects, awarded through competitive bidding and e-Reverse auctions, hold the promise of a significant positive impact. The power purchase agreements will span 25 years, providing consistent clean energy generation. The anticipated commissioning of these projects within 18-24 months further highlights the company’s operational efficiency and dedication.

Juniper Green Energy’s commitment to a greener planet extends beyond its current achievements. The company is actively constructing its first Inter-State Transmission System (ISTS) solar power project, which holds a capacity of 140 MW. Under the merchant/C&I (commercial and industrial) route, this project demonstrates the company’s strategic diversity in energy generation.

Environmental Benefits: A Greener Future

The cumulative impact of Juniper Green Energy’s recent accomplishments is significant. The combined projects, spanning wind, solar, and hybrid sources, are projected to produce an impressive 1.4 billion kWh of clean energy annually. This substantial contribution directly translates to a reduction of approximately 1.3 million tons of CO2 equivalent emissions each year. Moreover, the potential to power 280,000 households showcases the tangible and far-reaching benefits of such endeavors.

Voices of Dedication: CEO’s Perspective

Naresh Mansukhani, the CEO of Juniper Green Energy, emphasizes the alignment of the company’s goals with the broader vision of a sustainable India. He points to the nation’s ambitions for net-zero emissions and environmental sustainability as the driving force behind the company’s efforts. By actively participating in India’s renewable energy sector, Juniper Green Energy aims to contribute to the nation’s journey toward a greener, more sustainable future.

Into the Future: A Global Portfolio

As a part of the AT Group, Juniper Green Energy is integrated into a larger ecosystem of sustainable endeavors. With an asset portfolio totaling around USD 2.5 billion, the AT Group’s investments span diverse sectors, including renewable energy, residential and commercial real estate, hospitality, and more. This integrated approach further highlights the commitment to a holistic transformation towards a greener and more sustainable planet.

Conclusion: A Milestone for Progress

Juniper Green Energy’s achievement of surpassing 1.2 GW of renewable energy capacity stands as a testament to the power of strategic commitment and dedication. With a multi-faceted portfolio of solar, wind, and hybrid projects, the company is making tangible strides toward a cleaner, greener future. As the world seeks innovative solutions to address environmental challenges, Juniper Green Energy’s accomplishment serves as a beacon of progress and hope, inspiring others to embark on similar journeys towards a more sustainable planet.

Read More:- Top Renewable Energy Stocks in India 2023

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