Sunsure Energy Secures 7.28 Million Unit Solar PPA with JAKSON Engineering

Event summary

  • Sunsure Energy signed a long-term solar PPA with JAKSON Engineering to supply 7.28 million units of solar power annually.
  • The 4.7 MWp solar PPA will offset ~80% of conventional energy consumption at JAKSON's corporate office and up to 40% at its manufacturing facility.
  • The agreement is expected to offset nearly 5.2 million kgs of carbon dioxide emissions annually.
  • Sunsure Energy aims to advance its 'UP Shakti' mission to decarbonize Uttar Pradesh's industrial and manufacturing sector.

The big picture

This PPA underscores the strategic shift towards renewable energy in India's industrial sector, aligning with national goals for energy independence. Sunsure Energy's expanding portfolio of industrial clients highlights the growing demand for decarbonization solutions. The deal size and emissions offset demonstrate the tangible impact of such partnerships on sustainability commitments.

What we're watching

Execution Risk
Whether Sunsure Energy can sustain the pace of its 'UP Shakti' mission given the scale of its current and planned projects.
Industry Momentum
How the growing conviction within the industry towards clean energy will impact similar partnerships and PPAs.
Regulatory Alignment
The extent to which such agreements align with the Government of India's push for energy independence through renewable sources.

Related topics

Decarbonization