CleanMax

Indian Renewable Firm CleanMax Raises $360M From Brookfield

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. […]

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Kapil Maheshwari is Appointed CEO of Welspun New Energy

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 […]

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JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm

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 […]

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HCG Hospital Chain Installs 2.25 MW Solar Power Plant

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 […]

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China’s Envision Energy to Supply Turbines for 198 MW Wind Project in Gujarat

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 […]

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UPL Burnishes Green Cred With Green Power Deal

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 […]

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Danish Fund IFU To Invest $34 Million Into Cleanmax

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 […]

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MG Motor Becomes First Auto Firm To Adopt Wind Solar Hybrid Energy

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 […]

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