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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.

  • Renewable energy financing Industry’s thumbs up for govt’s move

    Another key industry player, rooftop solar developer CleanMax Solar, said both the steps will ensure higher availability of credit finance and give a much-needed boost to the sector. “We welcome the strong impetus by MNRE to ensure that the country meets its renewable target. Availability of credit has been a brewing issue and has impacted the growth momentum of renewable energy in the last six months,” CleanMax Chief Financial Officer (CFO) Nikunj Ghodawat said.

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  • Solar energy installations plunge 49% in first quarter

    Manu Karan, vice-president at CleanMax Solar, says another issue was liquidity in the past two quarters. This led to limited funds for developers in timely execution. Mercom reported payment delays in the first quarter at Andhra Pradesh, Tamil Nadu and Telangana, beside some in Madhya Pradesh and at a distribution company in Karnataka.

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  • NDA 2 brightens solar energy sector

    CleanMax Solar Chief Financial Officer Nikunj Ghodawat said there was a need for the National Level Policy to harness immense potential for rooftop solar in the country.

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  • Corporate Segment Key Driver for Rooftop Solar: Interview with Manu Karan, CleanMax Solar

    Net metering is seen as a threat by DISCOMs, and this has been a drag on the rooftop sector, said Manu Karan, Vice President CleanMax Solar

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  • India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

    Nikunj Ghodawat, Chief Financial Officer at CleanMax Solar, said, “In the first term, the NDA government had demonstrated its intent to carry out important structural reforms such as IBC, GST, and UDAY for the power sector which are transformational.

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  • Elections Results Renewable energy industry expects govt to sharpen focus on policy stability

    Another industry leader, Nikunj Ghodawat, chief financial officer at CleanMax Solar, said that the country needs a national-level policy to harness its immense potential of rooftop solar. “We believe such measures will attract additional capital in the sector and help the government to achieve its ambitious renewable energy target, which will accelerate India’s adoption of decarbonised electricity in the fight against global warming,” he added.

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  • ‘This is a booming market, we are seeing a lot of investment opportunities’

    In an exclusive Interview, Andrew Hines, our Co-Founder speaks about how renewable energy is a booming market in India and the investment opportunities in the solar industry.

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  • Poor demand fall in energy intensity choking coal

    If the annual addition of thermal power capacity over the last few years is any indication, coal seems to be losing its mojo.

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  • Rs275-crore funding for CleanMax Solar

    CleanMax Solar, which provides renewable energy for corporates, has raised ?275 crore in equity funding from UK Climate Investments LLP (UKCI)

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  • ‘Entrepreneurs are like the trunk of a tree’ – 45 quotes from Indian startup journeys

    Corporates are quickly adopting renewables sourcing at scale to achieve the twin benefits of profit improvement and carbon footprint reduction. – Kuldeep Jain, CleanMax Solar

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