Singapore, Mumbai, 23 June 2023: Cleantech Solar Group, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, is pleased to announce the appointment of Mr. Sachin Jain as its Chief Executive Officer (CEO), with effect from 23rd June, 2023. Sachin will be taking over from Mr. Raju Shukla, who founded the company in 2015 and has been serving as its CEO since. Raju will continue to serve as Advisor to facilitate a smooth transition.
Headquartered in Singapore, Cleantech Solar has approximately 1GWp of solar and wind projects in operation, construction and development stages across India, Singapore, Cambodia, Indonesia, Malaysia, Thailand and Vietnam.
Sachin brings a wealth of clean energy domain knowledge and skills to Cleantech Solar. His experience across consulting, entrepreneurship and business leadership roles spans over two decades, including over 13 years in the renewable energy sector. His previous roles include Head of Clean Energy for India and the Global Co-Lead for Solar Energy at Boston Consulting Group (BCG), Co-Founder and CEO at Oriano Clean Energy, and Head of Strategy at Mahindra’s renewable IPP platform (Susten).
Sachin is passionate about driving industries towards their clean energy and decarbonisation goals and is excited about the potential of new exponential technologies enabling sustainable energy transition. He holds an MBA from the University of Cambridge, UK, as a Tata Scholar, an MS from Ohio University, US, and a Bachelor of Engineering degree from University of Mumbai.
Mr. Raju Shukla, Founder of Cleantech Solar, said: “I am glad to pass the baton to Sachin Jain, who will lead the Group in its next phase of growth. I am confident that Sachin’s wealth of leadership experience in the renewable energy space will benefit Cleantech Solar as the company continues its journey as a leading green energy provider in the Commercial & Industrial (C&I) sector in India and Southeast Asia region. It has been a pleasure to see Cleantech Solar grow rapidly and I am grateful to the team for their valuable contributions over the years. I wish Sachin and the entire team the very best for this exciting new chapter and look forward to continue providing my support and guidance as Advisor.”
Mr. Sachin Jain, CEO of Cleantech Solar, said: “I would like to express our appreciation to Raju for his contributions to Cleantech Solar over the years. Under his leadership, Cleantech Solar has grown to become one of the leading renewable C&I platforms across India and Southeast Asia, and I am thrilled to be leading Cleantech Solar for its new growth phase. I believe Cleantech Solar is uniquely placed to leverage the multitude of opportunities this industry has to offer through its vast and in-depth knowledge of the region, strong financing capabilities, top-tier clientele, and qualified, experienced teams across markets. I look forward to building on the culture of excellence that has made Cleantech Solar the preferred renewable energy partner for the world’s leading corporates.”
About Cleantech Solar (www.cleantechsolar.com):
Cleantech Solar is a pan-Asia supplier of renewable energy to corporates, combining the capabilities of a global player with responsiveness and agility.
Headquartered in Singapore, Cleantech Solar has numerous solar and wind projects across India and Southeast Asia, covering approximately 1GWp of assets in operations, construction and development stages. This includes installations in India, Singapore, Cambodia, Indonesia, Malaysia, Thailand and Vietnam.
The company is backed by long-term strategic shareholders – Keppel Corporation, Keppel Asia Infrastructure Fund and Shell Singapore Pte. Ltd.