Cleantech Solar Group, a prominent renewable energy solutions provider to corporations in India and Southeast Asia, has announced the appointment of Mr. Sachin Jain as its new Chief Executive Officer (CEO), effective from June 23, 2023. Mr. Jain will be succeeding Mr. Raju Shukla, the company’s founder who has served as CEO since its inception in 2015. While Mr. Shukla steps down from his role as CEO, he will continue to contribute as an Advisor to ensure a seamless transition of leadership.
Cleantech Solar Group, headquartered in Singapore, operates a diverse portfolio of solar and wind projects totaling approximately 1GWp. These projects are at various stages of operation, construction, and development in countries such as India, Singapore, Cambodia, Indonesia, Malaysia, Thailand, and Vietnam.
Mr. Sachin Jain brings extensive expertise and knowledge in the clean energy sector to Cleantech Solar. With over two decades of experience, including more than 13 years in renewable energy, he has held significant positions in consulting, entrepreneurship, and business leadership. Notably, he served as the Head of Clean Energy for India and Global Co-Lead for Solar Energy at Boston Consulting Group (BCG). Mr. Jain also co-founded and served as CEO of Oriano Clean Energy and held the position of Head of Strategy at Mahindra’s renewable Independent Power Producer (IPP) platform, Susten. His diverse background positions him well to lead Cleantech Solar into the future.
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.”
