Clean Max Enviro Energy Solutions (NSE:CLEANMAX, BOM:544717) and Meta Platforms have entered into a renewable energy partnership covering around 900 MW of capacity in India, according to a an Indian bourse filing on Wednesday.
As part of the collaboration, CleanMax will develop and operate 837 MW of new solar and wind projects across Karnataka and Rajasthan in India.
With the addition of the new projects, the partnership's renewable energy capacity in India now stands at over 900 MW, according to the filing.
Meta will purchase 100% of the environmental attributes generated by these projects, Clean Max said.
Shares of Clean Max jumped over 8% in recent trade.