World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
CleanMax Solar Installs Solar Power System at Dilli Haat in Pitampura Updated On Thu, Nov 2nd, 2017 by Saurenergy This rooftop solar power plant is expected to generate 1.97 lac units of electricity through the year. As part of the 2.5 MW contract secured with the Delhi Government’s power generation arm, Indraprastha Power Generation (IPGCL), CleanMax Solar has commissioned a 140 kWp solar plant at the food and craft bazaar, Dilli Haat in Pitampura. […] Read more
IIT (BHU) partners with CleanMax Solar to commission large-scale, Rooftop solar power plant at its campus Updated On Mon, Sep 25th, 2017 by Saurenergy Based on the ‘Pay as you go’ OPEX model, CleanMax Solar will provide solar power to IIT-BHU, at tariff rates that are cheaper than the grid tariff, thereby saving the institute over Rs. 28 lakhs per annum, as compared to conventional sources of power. IIT (BHU), Varanasi, in partnership with CleanMax Solar has commissioned a […] Read more
CleanMax Solar recognized as ‘Leading EPC – Solar – Rooftop’ Developer at REI Awards 2017 Updated On Mon, Sep 25th, 2017 by Saurenergy In addition to REI award, CleanMax Solar has also been awarded RISE 2017 award in “Excellence in Solar Park” by Mission Energy Foundation; and the National award for sustained excellence in solar energy” by World CSR forum in 2017. CleanMax Solar emerged victorious in the category of Leading EPC – Solar – Rooftop at the […] Read more
Adobe Bengaluru Campus fulfills 100% of its Power Demand Through Renewable Energy, Signs 2.5 MW Grid-Scale PPA with CleanMax Solar Updated On Mon, Sep 18th, 2017 by Saurenergy Adobe has signed a 2.5 MW grid-scale solar power purchase agreement (PPA) with CleanMax Solar to operate off-site solar farms located in the Tumkur and Bellary districts of Karnataka. Adobe India today announced that its Bengaluru campus has become among the first in the state of Karnataka to meet 100 percent of its power consumption […] Read more
CleanMax Solar eyeing up to 40 % of revenues from overseas business in the next 3 years Updated On Tue, Aug 1st, 2017 by Saurenergy With a portfolio of 90 MW of installed capacity, CleanMax is eyeing to reach 250 MW by the end of this fiscal. CleanMax Solar is reportedly eyeing up to 40 per cent of revenues from overseas business in the next 3 years. A top company official said speaking to PTI said the company is looking […] Read more
CleanMax Solar Eyes 40 Percent Revenue from Overseas Business in Three Years Updated On Mon, Jul 31st, 2017 by Saurenergy While CleanMax Solar continue to grow in India in the rooftop and open access solar power segment, we are pursuing growth in international markets mainly the Middle East and South-East Asia. We are currently looking at the UAE market and soon we will spread our presence in the other countries. Looking to tap the growing […] Read more
CleanMax Solar Announces Equity Financing of USD 100 Million from Warburg Pincus Updated On Fri, Jul 14th, 2017 by Saurenergy The investment will enable CleanMax Solar to pursue additional growth opportunities beyond India, and provide next generation solutions to the customers through a combination of rooftop solar and energy storage. CleanMax Solar, India’s largest rooftop solar developer for the corporate sector, today announced that it has secured equity financing of up to USD 100 million […] Read more
CleanMax Solar Awarded with 2.5 MW Rooftop Solar Power Projects from IPGCL Updated On Sat, Jun 17th, 2017 by Saurenergy The Rooftop Solar Power plants will assist in bridging the demand-supply gap, generating enough energy to power 1500 homes. Solar Power developer CleanMax Solar has secured a contract for 2.5 MW rooftop solar power projects from Delhi government-owned Indraprastha Power Generation Co Ltd (IPGCL). The value of the contract is unknown. “CleanMax Solar has been […] Read more
