INOX Clean Energy, part of the INOXGFL Group, together with RJ Corp Limited (which includes Varun Beverage Ltd as one of its companies) and in conjunction with SkyPower, today announced the launch of a fully integrated renewable energy platform. The initiative is designed to deploy more than 10 gigawatts (10+ GW) of solar-powered infrastructure across Africa at industrial speed and scale.
Through an equal joint venture between INOX Clean Energy and RJ Corp, the partnership has acquired SkyPower Services MENA Ltd. This establishes a scalable Independent Power Producer (IPP) platform focused on high-growth African markets, including Zimbabwe, Zambia, and the Democratic Republic of Congo.
Strategic Entry into Zimbabwe: 500 MW Solar Development
As a primary step under this strategic initiative, RJ Corp-through the joint venture-is investing in a 500 MW solar power project in Zimbabwe. This landmark development represents the platform's entry into Africa's energy sector and 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. The initiative aims to support national transformation by delivering reliable clean energy infrastructure to homes, schools, universities, agricultural operations, and industries across Zimbabwe.
The announcement coincides with the SADC
Energy Summit hosted by Zimbabwe's Minister of Energy and Power Development, Hon. Mr July Moyo and the Government of Zimbabwe in Victoria Falls from 23-27 February 2026. INOX Clean Energy and RJ Corp welcome Heads of State, Energy Ministers, policymakers, and industry stakeholders to visit their Energy Pavilion to explore the platform's future investment plans in Zimbabwe, Zambia and DRC in particular, and Africa at large.
An Integrated Industrial Platform of Unmatched Scale
The initiative unites three complementary capabilities into a single development-ready, financing-ready, and execution-ready renewable energy engine:
- 10+ Gigawatt Renewable Energy Platform to Accelerate Industrial-ScaleSolar Deployment Across Africa
Keep Reading
INOX Clean Energy AAn integrated renewable energy platform operating across IPP development (via Inox Neo) and solar manufacturing (via Inox Solar Limited), backed by the INOXGFL Group's 90-year industrial legacy and presence in over 75 countries. The Group contributes vertically integrated manufacturing, gigawatt-scale EPC capability, and disciplined capital allocation across renewables and advanced materials.
RJ Corp Limited A multinational conglomerate with diversified interests in food and beverages, quick-service restaurants, dairy, retail, and healthcare. RJ Corp brings deep operational infrastructure, regional relationships, and long-term capital alignment to accelerate
execution across African markets.
SkyPower A global solar infrastructure
developer with over two decades of experience
in originating, structuring, financing, and advancing large-scale contracted solar projects. SkyPower's African portfolio includes nearly 3 GW under executed Power Purchase Agreements (PPAs), positioning the platform for rapid construction mobilisation.
Together, the alliance forms a powerful solar infrastructure engine capable of delivering renewable energy projects with speed, scale, and certainty.
Leadership Perspectives
Ravi Jaipuria, Chairman, RJ Corp, commented: "As we continue expanding our presence across fast-growing African markets, sustainability remains central to our growth strategy. Our partnership with INOX Clean Energy allows us to leverage world-class renewable expertise to decarbonise operations while ensuring reliable and cost-efficient power. The R.J. CORPORATION'S group presence through their beverage, dairy and snacks etc arms in Zimbabwe, Zambia and the DRC bring more energy and confidence in the investment and future growth in the energy sector in these fast-growing economies. The R.J. CORPORATION has investments in beverages, dairy, snacks and many projects through one of the group's companies; Varun Beverages Ltd. The existing investments and growing economies of Zimbabwe, Zambia and DRC encouraged fresh investment by the group company, R.J. CORPORATION, as the African economy is on a growth trend".
Devansh Jain, Executive Director, INOXGFL Group, stated:
"INOX Clean's Africa foray through the acquisition of SkyPower Services MENA, in partnership with RJ Corp-already an established and respected name in the region-marks a defining step in our global expansion journey. Africa presents immense potential and significant headroom for growth."
Kerry Adler, Founder, President & CEO, SkyPower, added:
"Reliable, contracted, bankable power is the foundation of economic transformation. With nearly 3 GW under executed PPAs and construction targeted to begin in the coming months, we are converting commitment into action. The industrial depth of INOX Clean Energy and the continental strength of RJ Corp create a uniquely powerful platform capable of deploying renewable infrastructure at scale without sacrificing discipline."
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