Cleanmax Solar

CleanMax, Toyota Tsusho India join hands to develop 300 MW green capacity

Renewable energy solutions provider CleanMax and Toyota Tsusho India have joined hands to develop 300 megawatt capacity of renewable energy projects in India. The new partnership aims to leverage synergies between both companies to develop and operate renewable energy projects for Japanese corporates in India, CleanMax said in a statement. The companies aim to set up the capacity by 2028. The partnership will provide comprehensive green energy solutions tailored to each company's needs, including rooftop solar projects, stand-alone ground-mount solar or wind projects, wind-solar hybrid projects and carbon credits. Kuldeep Jain, Founder & Managing Director, CleanMax, said, "The partnership...solidifies CleanMax's strategy around global collaborations focused on helping corporations reduce their carbon footprint, while enabling the company to achieve its growth targets in a more capital-efficient manner." Clean Max Enviro Energy Solutions Private Limited (CleanMax), a ...

CleanMax, Osaka Gas partner in JV to develop 300MW renewable portfolio

Brookfield-backed firm CleanMax on Monday announced a joint venture partnership with Osaka Gas Group to develop a 300MW renewable energy portfolio entailing an investment of Rs 1,500 crore. The joint venture entity will be called 'Clean Max Osaka Gas Renewable Energy Private Limited' (CORE), according to a statement. Under the joint venture, a total investment value of Rs 1,500 crore for the 300 MW renewable energy portfolio, which will be developed in due course of time, a revised statement said. The remaining 100 MW will be developed in about next two years, it added. CleanMax and Osaka Gas are forging a partnership to help corporate clients transition to a low-carbon economy, the statement said, adding that the association with CleanMax marks Osaka Gas' entry into the green energy market in India. CleanMax, one of Asia's leading renewable energy providers in the Commercial and Industrial (C&I) sectors, announced a long-term strategic joint venture with Osaka Gas Co. Ltd., a ...

Augment Infrastructure acquires majority stake in CleanMax for Rs 1,650 cr

The company said Augment is purchasing the existing stake of Yellow Bell Investment Ltd and International Finance Corporation (IFC) in CleanMax

CleanMax Solar raises Rs 275-cr equity funding from UK Climate Investments

UK Climate Investments signed three different deals in India till date

Cleanmax Solar to invest Rs 500 cr in roof top solar projects this year

Bengaluru-based solar energy firm Cleanmax Solar, which reported to have a 23 per cent market share in roof top solar space, is planning to double its roof top installation to 100 MW with an investment of around Rs 500 crore. The company is in talks with various investors including private equity firms to raise funds."Last year in roof top solar, we did around 45 MW projects. In the current fiscal year we are looking at something upwards of 100 MW in rooftop. The utility projects to corporate customers saw an installation of around 65 MW last year and we are planning to have 150 MW during this year," said Andrew Hines, co-founder, CleanMax Solar.The investment would be approximately Rs 5 crore per megawatt as project cost and it would require roughly Rs 500 crore for the roof top projects this year. Around 70 per cent would be debt and the rest would be equity. The company is in discussion to raise private equity fund, which is not concluded yet. "We are looking at equity funding for .