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News & Updates

Catch up with the latest news and developments at CleanMax Solar. Track the company’s progress as it brings renewable energy within easy reach for businesses in South Asia.

  • HSL to double solar generation

    CleanMax, as per the MoU entered into by HSL, will design, supply, erect, test and commission with a warranty, operate and maintain without any operation and capital expenditure from the yard.

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  • Power News Bytes

    CleanMax Solar is setting up 150 MW of solar farm under the group captive model in Haryana with an investment of Rs 600 cr. The solar farm will be developed in Sirsa district, on a stretch of 600 acres of land.

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  • Anti-portfolios and portfolios

    Companies like CleanMax Solar have been turning rooftops into powerhouses for almost a decade. Again, it is a company headquartered in Bengaluru. The Gurugram-headquartered YellowTropus is an engineering firm helping design and install floating solar panels on dams and lakes — a huge new market.

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  • Sustainable energy climbing up the corporate agenda

    Corporate buyers are increasingly accepting that captive solar projects are the most cost-effective source of energy. According to the latest report by the World Business Council for Sustainable Development, corporate buyers adopting renewable power in India include global technology providers (Adobe, Microsoft), automotive manufacturers (Volvo, Mahindra) and food & beverages companies (United Breweries, Coca Cola). 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.

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  • Visvesvaraya National Institute of Technology (VNIT Nagpur) To Save INR 36 Lakhs

    CleanMax Solar, India’s most trusted sustainability partner for the corporates and institutions, has partnered with Visvesvaraya National Institute of Technology (VNIT), Nagpur to adopt rooftop solar energy as a move towards a smarter and more sustainable future.

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  • VNIT turns fully green, solar power to save Rs 76L per year.

    Visvesvaraya National Institute of Technology (VNIT) will now be generating 1MW power using rooftop solar panels installed on 14 buildings on its Bajaj Nagar-based over 200 acres lush green campus. The 460kW project has been executed by CleanMax Solar Pvt Ltd.

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  • How India in a short period of time has become the cheapest producer of solar power.

    India’s solar story through its compelling business case is maximizing the falling renewable technology costs as the key to future energy decarbonisation.

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  • Is Group Captive the Next Attractive Solar Market in 2019?

    On the viability of group captive renewable energy projects, Manu Karan, vice president at CleanMax Solar, said, “Industrial and commercial consumers are looking to reduce power costs. For example, for a business like a data center, electricity is likely to be the highest part of the operational cost, and reducing these costs will increase profitability.

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  • Union Budget 2019: From tax cuts to lowering of AFT pricing, Corporate India presents its wish list to Nirmala Sitharaman

    Nikunj Ghodawat, Chief Financial Officer, CleanMax Solar. The renewable industry is the third-largest in the world after China and USA. With such an exponential growth rate, we are hoping that in the upcoming Budget, the Government will continue to focus on reducing the cost of capital for speedy development of the sector.

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  • Budget to boost investment in renewable energy sector

    CleanMax Solar CFO Nikunj Ghodawat said the tax exemption for domestic manufacturers of solar cells, modules and EVs is expected this to bring down prices of domestic solar modules and batteries.

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