CleanMax Enviro Energy Solutions Limited has approved the execution of a term sheet with Envision Energy India Private Limited for the procurement of wind turbine generators (WTGs) for its wind projects with an aggregate capacity of 1,550 MW. Under the agreement, Envision Energy will supply 310 WTGs of 5 MW each, along with supervision and technical support for installation and commissioning services. The definitive agreements will be executed in seven phases, commencing from the execution of the term sheet and concluding before December 31, 2028.
In June 2026, CleanMax and Meta Platforms partnered to support around 900 MW of renewable energy capacity in India, including the development of 837 MW of new solar and wind power projects in Rajasthan and Karnataka. Under the agreement, CleanMax will develop and operate the projects, while Meta will purchase 100 per cent of the environmental attributes generated by them.
In May 2026, CleanMax raised $575 million through a mix of external commercial borrowings, rupee-denominated borrowings, and foreign currency non-resident bank facilities from domestic and international banks. The funding will support the development of around 1 GW of Central Transmission Utility-connected solar and wind projects across Rajasthan and Karnataka.
