Synchronize Gradle projects with workspace failed due to an error connecting to the Gradle build in Eclipse

Hello,
I have downloaded a project uploaded to Git and tried to open it as a Gradle project but I’m getting an error as shown below.

Synchronize Gradle projects with workspace failed due to an error connecting to the Gradle build.
Could not run build action using Gradle distribution ‘https://services.gradle.org/distributions/gradle-5.4.1-bin.zip’.

Unable to start the daemon process.
This problem might be caused by incorrect configuration of the daemon.
For example, an unrecognized jvm option is used.
Please refer to the User Manual chapter on the daemon at https://docs.gradle.org/5.4.1/userguide/gradle_daemon.html
Process command line: C:\Program Files (x86)\Java\jre1.8.0_231\bin\java.exe -Xms128m -Xmx1500m -Dfile.encoding=windows-1252 -Duser.country=GB -Duser.language=en -Duser.variant -cp C:\Users\Hari.gradle\wrapper\dists\gradle-5.4.1-bin\e75iq110yv9r9wt1a6619x2xm\gradle-5.4.1\lib\gradle-launcher-5.4.1.jar org.gradle.launcher.daemon.bootstrap.GradleDaemon 5.4.1
Please read the following process output to find out more:
-----------------------
Error occurred during initialization of VM
Could not reserve enough space for 1536000KB object heap

org.gradle.tooling.GradleConnectionException: Could not run build action using Gradle distribution ‘https://services.gradle.org/distributions/gradle-5.4.1-bin.zip’.
at org.gradle.tooling.internal.consumer.ExceptionTransformer.transform(ExceptionTransformer.java:55)
at org.gradle.tooling.internal.consumer.ExceptionTransformer.transform(ExceptionTransformer.java:29)
at org.gradle.tooling.internal.consumer.ResultHandlerAdapter.onFailure(ResultHandlerAdapter.java:41)
at org.gradle.tooling.internal.consumer.async.DefaultAsyncConsumerActionExecutor$1$1.run(DefaultAsyncConsumerActionExecutor.java:57)
at org.gradle.internal.concurrent.ExecutorPolicy$CatchAndRecordFailures.onExecute(ExecutorPolicy.java:63)
at org.gradle.internal.concurrent.ManagedExecutorImpl$1.run(ManagedExecutorImpl.java:46)
at java.util.concurrent.ThreadPoolExecutor.runWorker(Unknown Source)
at java.util.concurrent.ThreadPoolExecutor$Worker.run(Unknown Source)
at org.gradle.internal.concurrent.ThreadFactoryImpl$ManagedThreadRunnable.run(ThreadFactoryImpl.java:55)
at java.lang.Thread.run(Unknown Source)
at org.gradle.tooling.internal.consumer.BlockingResultHandler.getResult(BlockingResultHandler.java:46)
at org.gradle.tooling.internal.consumer.DefaultBuildActionExecuter.run(DefaultBuildActionExecuter.java:60)
at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
at sun.reflect.NativeMethodAccessorImpl.invoke(Unknown Source)
at sun.reflect.DelegatingMethodAccessorImpl.invoke(Unknown Source)
at java.lang.reflect.Method.invoke(Unknown Source)
at org.eclipse.buildship.core.workspace.internal.ConnectionAwareLauncherProxy.invokeRun(ConnectionAwareLauncherProxy.java:170)
at org.eclipse.buildship.core.workspace.internal.ConnectionAwareLauncherProxy.invoke(ConnectionAwareLauncherProxy.java:160)
at com.sun.proxy.$Proxy30.run(Unknown Source)
at org.eclipse.buildship.core.workspace.internal.DefaultModelProvider$1.get(DefaultModelProvider.java:112)
at org.eclipse.buildship.core.workspace.internal.DefaultModelProvider$3.call(DefaultModelProvider.java:142)
at com.google.common.cache.LocalCache$LocalManualCache$1.load(LocalCache.java:4724)
at com.google.common.cache.LocalCache$LoadingValueReference.loadFuture(LocalCache.java:3522)
at com.google.common.cache.LocalCache$Segment.loadSync(LocalCache.java:2315)
at com.google.common.cache.LocalCache$Segment.lockedGetOrLoad(LocalCache.java:2278)
at com.google.common.cache.LocalCache$Segment.get(LocalCache.java:2193)
at com.google.common.cache.LocalCache.get(LocalCache.java:3932)
at com.google.common.cache.LocalCache$LocalManualCache.get(LocalCache.java:4721)
at org.eclipse.buildship.core.workspace.internal.DefaultModelProvider.getFromCache(DefaultModelProvider.java:153)
at org.eclipse.buildship.core.workspace.internal.DefaultModelProvider.executeOperation(DefaultModelProvider.java:138)
at org.eclipse.buildship.core.workspace.internal.DefaultModelProvider.executeBuildActionExecuter(DefaultModelProvider.java:108)
at org.eclipse.buildship.core.workspace.internal.DefaultModelProvider.fetchModels(DefaultModelProvider.java:78)
at org.eclipse.buildship.core.workspace.internal.DefaultModelProvider.fetchEclipseGradleProjects(DefaultModelProvider.java:99)
at org.eclipse.buildship.core.workspace.internal.SynchronizeGradleBuildsJob.fetchEclipseProjects(SynchronizeGradleBuildsJob.java:91)
at org.eclipse.buildship.core.workspace.internal.SynchronizeGradleBuildsJob.synchronizeBuild(SynchronizeGradleBuildsJob.java:81)
at org.eclipse.buildship.core.workspace.internal.SynchronizeGradleBuildsJob.runToolingApiJob(SynchronizeGradleBuildsJob.java:73)
at org.eclipse.buildship.core.util.progress.ToolingApiJob$1.run(ToolingApiJob.java:73)
at org.eclipse.buildship.core.util.progress.ToolingApiInvoker.invoke(ToolingApiInvoker.java:62)
at org.eclipse.buildship.core.util.progress.ToolingApiJob.run(ToolingApiJob.java:70)
at org.eclipse.core.internal.jobs.Worker.run(Worker.java:63)
Caused by: org.gradle.api.GradleException: Unable to start the daemon process.
This problem might be caused by incorrect configuration of the daemon.
For example, an unrecognized jvm option is used.
Please refer to the User Manual chapter on the daemon at https://docs.gradle.org/5.4.1/userguide/gradle_daemon.html
Process command line: C:\Program Files (x86)\Java\jre1.8.0_231\bin\java.exe -Xms128m -Xmx1500m -Dfile.encoding=windows-1252 -Duser.country=GB -Duser.language=en -Duser.variant -cp C:\Users\Hari.gradle\wrapper\dists\gradle-5.4.1-bin\e75iq110yv9r9wt1a6619x2xm\gradle-5.4.1\lib\gradle-launcher-5.4.1.jar org.gradle.launcher.daemon.bootstrap.GradleDaemon 5.4.1
Please read the following process output to find out more:

Error occurred during initialization of VM
Could not reserve enough space for 1536000KB object heap

at org.gradle.launcher.daemon.client.DaemonGreeter.parseDaemonOutput(DaemonGreeter.java:38)
at org.gradle.launcher.daemon.client.DefaultDaemonStarter.startProcess(DefaultDaemonStarter.java:174)
at org.gradle.launcher.daemon.client.DefaultDaemonStarter.startDaemon(DefaultDaemonStarter.java:136)
at org.gradle.launcher.daemon.client.DefaultDaemonConnector.doStartDaemon(DefaultDaemonConnector.java:212)
at org.gradle.launcher.daemon.client.DefaultDaemonConnector.startDaemon(DefaultDaemonConnector.java:206)
at org.gradle.launcher.daemon.client.DefaultDaemonConnector.connect(DefaultDaemonConnector.java:130)
at org.gradle.launcher.daemon.client.DaemonClient.execute(DaemonClient.java:139)
at org.gradle.launcher.daemon.client.DaemonClient.execute(DaemonClient.java:94)
at org.gradle.tooling.internal.provider.DaemonBuildActionExecuter.execute(DaemonBuildActionExecuter.java:50)
at org.gradle.tooling.internal.provider.DaemonBuildActionExecuter.execute(DaemonBuildActionExecuter.java:35)
at org.gradle.tooling.internal.provider.LoggingBridgingBuildActionExecuter.execute(LoggingBridgingBuildActionExecuter.java:59)
at org.gradle.tooling.internal.provider.LoggingBridgingBuildActionExecuter.execute(LoggingBridgingBuildActionExecuter.java:38)
at org.gradle.tooling.internal.provider.ProviderConnection.run(ProviderConnection.java:195)
at org.gradle.tooling.internal.provider.ProviderConnection.runClientAction(ProviderConnection.java:156)
at org.gradle.tooling.internal.provider.ProviderConnection.run(ProviderConnection.java:142)
at org.gradle.tooling.internal.provider.DefaultConnection.run(DefaultConnection.java:211)
at org.gradle.tooling.internal.consumer.connection.CancellableConsumerConnection$CancellableActionRunner.run(CancellableConsumerConnection.java:99)
at org.gradle.tooling.internal.consumer.connection.AbstractConsumerConnection.run(AbstractConsumerConnection.java:62)
at org.gradle.tooling.internal.consumer.connection.ParameterValidatingConsumerConnection.run(ParameterValidatingConsumerConnection.java:53)
at org.gradle.tooling.internal.consumer.DefaultBuildActionExecuter$1.run(DefaultBuildActionExecuter.java:71)
at org.gradle.tooling.internal.consumer.connection.LazyConsumerActionExecutor.run(LazyConsumerActionExecutor.java:84)
at org.gradle.tooling.internal.consumer.connection.CancellableConsumerActionExecutor.run(CancellableConsumerActionExecutor.java:45)
at org.gradle.tooling.internal.consumer.connection.ProgressLoggingConsumerActionExecutor.run(ProgressLoggingConsumerActionExecutor.java:58)
at org.gradle.tooling.internal.consumer.connection.RethrowingErrorsConsumerActionExecutor.run(RethrowingErrorsConsumerActionExecutor.java:38)
at org.gradle.tooling.internal.consumer.async.DefaultAsyncConsumerActionExecutor$1$1.run(DefaultAsyncConsumerActionExecutor.java:55)
at org.gradle.internal.concurrent.ExecutorPolicy$CatchAndRecordFailures.onExecute(ExecutorPolicy.java:63)
at org.gradle.internal.concurrent.ManagedExecutorImpl$1.run(ManagedExecutorImpl.java:46)
at java.util.concurrent.ThreadPoolExecutor.runWorker(Unknown Source)
at java.util.concurrent.ThreadPoolExecutor$Worker.run(Unknown Source)
at org.gradle.internal.concurrent.ThreadFactoryImpl$ManagedThreadRunnable.run(ThreadFactoryImpl.java:55)
at java.lang.Thread.run(Unknown Source)

Any help would be appreciated