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First Abu Dhabi Bank Extends Rs 2.96 Billion Credit to Jakson Green

editor by editor
July 23, 2024
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Jakson Green Private
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Jakson Green Private Limited, a new energy transition company, has secured credit worth Rs 2.96 billion from First Abu Dhabi Bank. This will help the company to expand internationally. Uzbekistan is the first country where the company plans to expand. In this country, a 250 MW solar photovoltaic (PV) power plant and integrated battery energy storage system (BESS) of 63 MW/126MWh will be constructed and operated. The project is being set up in Bukhara, Uzbekistan.

Jakson Green, a global platform for new energy transitions headquartered in Noida, India, and with international headquarters in Dubai, is supported by the Jakson Group. Jakson Green has a presence in regions including India, Europe, MENA, CIS, and Africa.

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In line with its vision to become a leading player in the power-to-X sector, Jakson Green has recently set up an electrolyser manufacturing unit to support its global green hydrogen projects. The company aims to reach a cumulative production capacity of more than 0.5 million metric tons per annum of green molecules by 2030.

Tags: BESSHydrogenJakson GreenSolar PV
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