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HomeCleanmax

Cleanmax

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Financings

CleanMax raises Rs 25 billion through green bonds 

October 1, 2026

CleanMax has raised Rs 25 billion through green debt securities in the form of rated, secured, listed and redeemable non-convertible debentures (NCDs). The issuance was made through a private placement and comprised five series with […]

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Projects

CleanMax signs term sheet with Envision Energy for 1,550 MW wind projects

August 31, 2026

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 […]

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Projects

CleanMax to supply 160 MW hybrid renewable power to GACL  

June 4, 2026

Gujarat Alkalies and Chemicals Limited (GACL) has partnered with Clean Max Enviro Energy Solutions Limited to source hybrid renewable energy for its manufacturing units in Gujarat. The project will comprise 75.90 MW of wind power […]

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Financings

CleanMax announces financial results for FY 2025-26

May 13, 2026

CleanMax has announced the results for the financial year (FY) 2025-26. The company reported revenue from operations of Rs 19.13 billion, which rose from Rs 14.96 billion in FY2024-25. This reflects a 28 per cent […]

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Financings

Tata Communications acquires stake in CleanMax SPV

May 11, 2026

Tata Communications Limited, a wholly owned subsidiary of the Tata Group, has entered into a share purchase agreement with Clean Max Enviro Energy Solutions Limited and its wholly owned subsidiary Clean Max Yuhdul Private Limited […]

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Financings

Apple and CleanMax to develop 150 MW clean energy in India

May 8, 2026

Apple plans to expand its renewable energy investments in India through a partnership with CleanMax Enviro Energy Solutions Limited (CleanMax). As part of the initiative, Apple plans to make an initial investment of Rs 1 […]

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Projects

CleanMax to supply clean energy to Iron Mountain’s data centers in India

May 7, 2026

Iron Mountain has partnered with CleanMax Enviro Energy Solutions Limited (CleanMax) to procure hybrid renewable energy for its data centres in Mumbai, Pune and Bangalore. The group captive project, integrating both solar and wind power, […]

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Projects

CleanMax commissions 185 MW wind-solar hybrid project in Gujarat

April 8, 2026

Clean Max Enviro Energy Solutions Limited (CleanMax) has commissioned a 185 MW hybrid renewable energy project in Kalavad, Gujarat. The project integrates solar and wind capacity and was developed over approximately 12 months.  Furthermore, the […]

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Financings

CleanMax secures Rs 9.21 billion from anchor investors ahead of its IPO

February 24, 2026

CleanMax Enviro Energy Solutions Limited (CleanMax) has secured Rs 9.21 billion from anchor investors ahead of its initial public offering (IPO), which opened on February 23, 2026. The company notified the bourses that it allotted […]

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Financings

CleanMax’s IPO to open on February 23, 2026

February 18, 2026

CleanMax Enviro Energy Solutions Limited (CleanMax) will open the bids for its initial public offering (IPO) of equity shares on February 23, 2026. The IPO will comprise a fresh issue of up to Rs 12 […]

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Projects

Cummins India to procure clean energy from CleanMax

December 22, 2025

Cummins India will procure clean energy from Clean Max Enviro Energy Solutions’ (CleanMax) solar–wind hybrid projects in Maharashtra. The power will be procured under the group captive model. To this end, Cummins India will invest […]

Distributed Solar Market

Clean Business: Trends and innovative practices in the C&I solar segment

July 4, 2025

As India accelerates its journey towards its net zero goals, decarbonisation is no longer optional for commercial and industrial (C&I) consumers, but a necessity. The growing corporate demand for renewable energy is driven not only […]

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Projects

CleanMax and TTIPL join forces to develop 300 MW clean energy projects 

July 2, 2025

CleanMax and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership to jointly cater to the clean energy needs of Japanese corporations operating in India. The collaboration aims to accelerate the adoption of […]

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Projects

CleanMax commissions 92.1 MW wind-solar hybrid project in Karnataka

April 23, 2025

CleanMax has commissioned a 92.1 MW wind-solar hybrid power plant in Bengaluru, Karnataka, aimed at supplying electricity to Cisco’s India campus. The project integrates 69 MWp of solar power and 23.1 MW of wind energy […]

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Projects

CleanMax and Osaka Gas Group form JV to develop clean energy projects in India

March 11, 2025

CleanMax has entered a strategic joint venture (JV) with Osaka Gas Company Limited. As part of the agreement, Osaka Gas Singapore Private Limited and the Japan Bank for International Cooperation will invest in a JV […]

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Projects

UltraTech Cement to source renewable energy from CleanMax SPV

December 26, 2024

UltraTech Cement has announced plans to source renewable energy in a captive arrangement through CleanMax’s special-purpose vehicle (SPV), Clean Max Sapphire. The company has entered agreements for energy supply, share subscription, and shareholder rights, acquiring […]

Companies

Company Highlights: Key developments in the past 12 months

December 2, 2024

The year 2024 witnessed several interesting developments in India’s renewable energy sector, leading to continued expansion of developers’ and manufacturers’ portfolios. The growing traction and demand for round-the-clock (RTC) and quality renewables have resulted in […]

Interviews

Decarbonising Industries: Developers’ perspective

November 29, 2024

India is rapidly advancing its transition to renewable energy, with the commercial and industrial (C&I) sector emerging as a major catalyst for growth. The demand for sustainable, reliable and cost-effective power has led corporates to […]

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Projects

Gujarat Pipavav Port to procure power from CleanMax’s 4.56 MW hybrid renewable energy project

November 27, 2024

APM Terminals Pipavav (Gujarat Pipavav Port) in Gujarat has entered into a 25-year Power Purchase Agreement with CleanMax to procure power from a 4.56 MW wind-solar hybrid project. The hybrid renewable energy project comprises 3.5 […]

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Projects

Equinix and CleanMax sign PPA for 33 MW captive renewable power plant in Maharashtra

November 14, 2024

Equinix, Inc. has signed its first power purchase agreement (PPA) in India with CleanMax to develop a 33 MW captive power plant in Maharashtra. The plant will feature 26.4 MWp of solar and 6.6 MW […]

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