NSE:CLEANMAX

CleanMax, Meta Partner on Over 900 MW Renewable Energy Capacity in India; Shares Jump 8%

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.

Axis Capital Starts Clean Max Enviro Energy Solutions at Buy with INR1,375 Price Target

Clean Max Enviro Energy Ties Up with Shell India for Renewable Energy Projects

Renewable energy company Clean Max Enviro Energy Solutions (NSE:CLEANMAX, BOM:544717) has partnered with Shell India to supply renewable electricity to the latter's assets in Gujarat and Karnataka in India, according to a Tuesday filing to the Indian stock exchanges.The company will supply renewable power to Shell's LNG terminal at Hazira, Surat, from its 16.83 MW wind-solar hybrid project in Gujarat, under the group-captive model. The renewable energy plant in Gujarat comprises 6.93 MWp of solar and 9.90 MW of wind capacity.It will also supply power to Shell's technology center in Bengaluru from its 13.2 MW wind-solar hybrid project in Karnataka, consisting of 9.9 MWp of solar capacity in Jagalur and 3.3 MW of wind capacity in Honawad.Under the group-captive program, both companies will co-invest to develop these renewable energy assets. Together, the projects are expected to generate approximately 66,832 MWh of renewable energy annually.The company's shares were down nearly 1% in recent trade.

Clean Max Enviro Ties Up With Sangam India for Renewable Energy Projects in Rajasthan, India

Clean Max Enviro Energy Solutions (NSE:CLEANMAX, BOM:544717) has partnered with Sangam India (NSE:SANGAMIND, BOM:514234) for hybrid renewable projects to decarbonize its operations across Rajasthan, India, according to a Wednesday filing to the Indian stock exchanges.The hybrid renewable energy supply agreement for 30 MWp of solar and 20 MW of wind power, boosted with a 2 MWh battery energy storage system (BESS) for five Sangam facilities across Rajasthan.The power will be supplied from CleanMax's Bhikamkor hybrid farm under an intra-state group captive structure.As of March 31, the company has 525 MW of operational capacity in Rajasthan.