Indian Renewable Firm CleanMax Raises $360M From Brookfield Updated On Thu, Jun 1st, 2023 by Saurenergy Indian renewable energy company CleanMax today announced raising an equity fund from Brookfield Renewable through the Brookfield Global Transition Fund (BGTF). The BGTF focuses on investments accelerating the global transition to a net-zero carbon economy while delivering strong risk-adjusted returns to investors. This funding of USD 360 million is a mix of primary and secondary. […] Read more
India’s Solar O&M Market: A tale of increased domination of new evolving technologies Updated On Tue, May 30th, 2023 by Saurenergy If you track the Indian solar sector or are a regular SaurEnergy reader, you might remember the increasing frequency of news reports on the topic of robotic cleaning of solar panels. Be it Ecoppia, Airtouch (incidentally, both are Israeli firms), or the domestic Skilancer Solar and many more, robotic cleaning has created a disruption in […] Read more
Kapil Maheshwari is Appointed CEO of Welspun New Energy Updated On Wed, Apr 5th, 2023 by Saurenergy Welspun New Energy, a subsidiary of Welspun Enterprises Ltd (WEL) has appointed Kapil Maheshwari as its CEO and Executive Director. Before he joined Welspun, Maheshwari was responsible for leading Renewable Energy and Green Hydrogen Ecosystem Development at Reliance Industries. He brings to the table two decades of experience in solar, greem hydrogen, storage, electronics. He […] Read more
JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm Updated On Tue, Feb 28th, 2023 by Saurenergy JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […] Read more
HCG Hospital Chain Installs 2.25 MW Solar Power Plant Updated On Mon, Nov 28th, 2022 by Saurenergy Hospitals in India have been recognising the many advantages of installing solar panels, such as curbing electricity bills since healthcare is an energy intensive industry. Among the most recent hospitals to take the solar route is Healthcare Global Enterprises Ltd (HCG), which is among the largest cancer care hospital chains in India. In a bid […] Read more
China’s Envision Energy to Supply Turbines for 198 MW Wind Project in Gujarat Updated On Wed, Sep 21st, 2022 by Saurenergy Chinese renewable energy conglomerate Envision Energy has announced it has received an order of 198 MW wind turbines from CleanMax, for a wind-solar hybrid project. CleanMax is Asia’s leading C&I renewable energy company. Envision said that the project is one of the largest hybrid projects developed in India under the Commercial and Industrial power offtake […] Read more
UPL Burnishes Green Cred With Green Power Deal Updated On Fri, Sep 16th, 2022 by Saurenergy Global Agri solutions firm UPL Limited has announced a joint venture with CleanMax Enviro Energy Solutions, a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India. UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 […] Read more
Danish Fund IFU To Invest $34 Million Into Cleanmax Updated On Tue, Dec 21st, 2021 by Saurenergy In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […] Read more
MG Motor Becomes First Auto Firm To Adopt Wind Solar Hybrid Energy Updated On Thu, Nov 25th, 2021 by Saurenergy MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (CleanMax), for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facility in Halol. With this partnership, MG will abate approximately 2 lakh MT of CO2 over 15 years. Thus, even as auto firms have moved forward across the […] Read more