Juniper Green Energy has secured $1 billion in phased debt financing from leading financial institutions, including Power Finance Corporation (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency (IREDA). The funding will support the development of wind-solar hybrid and firm & dispatchable renewable energy (FDRE) projects across key Indian states. Furthermore, this financing will enable the company to scale up its operations and drive the company’s expansion.
In December 2024, Juniper Green Energy signed an agreement with First Solar to procure 1 GW of advanced Series 7 FT1 cadmium telluride (CdTe) thin-film photovoltaic modules, to be supplied over two years and deployed across projects in Rajasthan, Gujarat, and Maharashtra in the upcoming financial year 2025-26.
