New 10+ gigawatt renewable energy platform to accelerate industrial-scale solar deployment across Africa
via NewsDay Zimbabwe7 min read
INOX Clean Energy, part of the INOXGFL Group, and RJ Corp Limited, which includes Varun Beverage Ltd, have launched a fully integrated renewable energy platform in conjunction with SkyPower. This initiative aims to deploy over 10 gigawatts of solar-powered infrastructure across Africa at industrial speed and scale. As a primary step, RJ Corp, through a joint venture, is investing in a 500 MW solar power project in Zimbabwe. This project aligns with the Vision 2030 agenda of His Excellency Dr Cde. Emmerson D. Mnangagwa, President of the Republic of Zimbabwe, to achieve energy security and middle-income economic status by delivering reliable clean energy infrastructure. The platform was announced during the SADC Energy Summit hosted by Zimbabwe's Minister of Energy and Power Development, Hon. Mr July Moyo, in Victoria Falls. The partnership, formed through an equal joint venture between INOX Clean Energy and RJ Corp, has acquired SkyPower Services MENA Ltd, establishing a scalable Independent Power Producer platform focused on high-growth African markets including Zimbabwe, Zambia, and the Democratic Republic of Congo. Ravi Jaipuria, Chairman, RJ Corp, highlighted that sustainability is central to their growth strategy in African markets. Devansh Jain, Executive Director, INOXGFL Group, noted Africa's immense potential for growth, while Kerry Adler, Founder, President & CEO, SkyPower, emphasized that reliable power is the foundation of economic transformation.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
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