Canadian investor Brookfield has entered into exclusive negotiations to invest as much as ₹3,000 crore ($363 million) to buy a controlling stake in CleanMax Solar, which provides renewable energy to commercial and industrial establishments, said two people sources in the know, speaking on the condition of anonymity. CleanMax is a major supplier of renewable energy […]
India installed 7.3 GW of solar power in 2019: Report
The report added that the country also had a robust pipeline of utility-scale under-development projects of 23.7 GW capacity by the end of CY19, with 31.5 GW capacity tenders pending under auctions New Delhi: India installed 7.3 gigawatt (GW) of solar power across the country in 2019 (CY19), consolidating its position as the third-largest solar […]
Cleanmax Solar fits 1,200kWp solar plant at Danube hub in Dubai
Indian rooftop solar power provider’s work at Danube Group’s Techno Park facility in Dubai to cut 845t of annual CO2 emissions Indian rooftop solar power provider Cleanmax solar revealed it had partnered with Dubai’s Rizwan Sajan-founded Danube Group to commission a 1,200kWp rooftop solar plant at the building materials company’s manufacturing facility at Techno Park, […]
Hector Beverages and CleanMax Solar team up to meet 58% of energy need
Hector Beverages, the face behind the Paper Boat brand, has partnered with CleanMax Solar to meet 58 per cent of its energy requirement through rooftop solar power at its manufacturing plant in Mysuru. CleanMax Solar has helped the beverage company to commission a 345.6kWp rooftop solar plant at its production unit in the Karnataka city. […]
Sustainable energy climbing up the corporate agenda: Andrew Hines, co-founder, CleanMax Solar
Andrew Hines, co-founder, CleanMax Solar, a solar developer, tells FE’s Anupam Chatterjee how the company plans to tap this trend to increase its portfolio. Corporate buyers are increasingly accepting that captive solar projects are the most cost-effective source of energy. According to a latest report by the World Business Council for Sustainable Development, corporate buyers […]
List of top 15 solar energy startups, helping India transition to sustainable energy sources
The world is quickly moving towards renewable energy as the pollution levels soar across the world and global warming threatens the planet’s ecosystem. Various measures have been taken by governments across the world to help the transition to clean and renewable sources of energy. Solar energy is invariably one of the most underutilised clean and […]
CleanMax Solar raises ₹275 crore from Macquarie-managed UK Climate Investments
UKCI’s investment will support CleanMax as it expands its renewable energy portfolio CleanMax claims to be a market leader in both rooftop solar and open access solar for the commercial and industrial segment Mumbai: CleanMax Solar, which provides renewable energy for corporates, on Tuesday said that it has raised ₹275 crore in equity funding from […]