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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 India, Middle East, and South East Asia.

  • Real estate sector to adopt solar energy

    Real estate sector is commonly admitted to be a high-carbon asset class. This makes it to have one of the crucial reasons to move towards a more sustainable business practice. Commercial buildings consume around 40% of the energy and abatement of 30% of its annual greenhouse gas emissions.

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  • Slowdown is affecting renewable energy’s bright spot: rooftop solar

    Hit by falling sales, corporate and commercial customers are putting investments on the back burner. Customers are even going slow on the opex business model, where capital expenditure is incurred by the solar firm and the customer pays for the energy usage. “Large corporate customers are the primary focus for us under the opex model.

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  • TN, Karnataka lead in renewable energy growth

    “The States of Karnataka and Tamil Nadu are among the highest renewable power generators in India. Both States, being urban and industrialized, demand for power is consistently high. Investor confidence is still high in both States for renewable energy in terms of open access projects and rooftop projects,” said Manu Karan, Vice President, CleanMax Solar

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  • AP power sector investments in limbo on tariff concerns

    According to Andrew Hines, Scan & Share Co-founder, CleanMax Solar, the gravity of the situation can be gauged from the fact that some power producers in AP have not been paid for 14 months and Discoms’ dues are around $2.2 billion. “Any move to revise tariffs, add new charges, or retrospectively change regulations will alarm lenders and investors who are otherwise enthusiastic about investing in renewables in India.”

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  • Cleanmax and The Huawei Experience

    Here’s what Ritesh Singhi, Chief Procurement Officer of CleanMax Solar shared about his experiences while working with Huawei as a business partner: Here’re the excerpts from that exclusive interview published in the Saur Energy International Magazine’s November 2019 edition

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  • Global Infrastructure Partners’ India arm close to buying Rattan India

    CleanMax Solar raising $39 million from the United Kingdom Climate Investments, Avaada Energy receiving equity infusion of around $143.8 million from the Asian Development Bank

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  • Global Infrastructure Partners’ India arm close to buying Rattan India Solar

    CleanMax Solar raising $39 million from the United Kingdom Climate Investm ents, Avaada Energy receiving equity infusion of around $ 1 4 3 .8 million from the Asian Developm ent Bank, German development bank, Dutch development finance company and prom oters’ equity.

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  • Hindustan Insecticides Issues Tender for 2.15 MW of Solar Projects

    Recently, another government enterprise, Hindustan Shipyard Limited, announced that it was planning to increase its rooftop solar capacity by adding 1 MW installation at its premises in the state of Andhra Pradesh. This project will be installed under the RESCO model and will be executed by CleanMax Solar.

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  • Why net billing systems will kill Maharashtra’s rooftop solar market

    Andrew Hines, co-founder, CleanMax Solar, told Mint: Net metering has been a cornerstone of the rooftop solar market in India and around the world. Any effort to dilute or weaken net metering rules will certainly have a negative impact on growth in this industry. Any effort to restrict or to water down net metering regulations would be inconsistent with India’s stated goals of increasing solar capacity, and rooftop solar capacity in particular.

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  • Firms are buying more green power

    Clean energy companies such as CleanMax Solar focus on supplying clean power to C&I clients. “We are delivering renewable energy 30 per cent cheaper than grid power, despite the surcharges,” Kuldeep Jain, managing director of CleanMax Solar told BloombergNEF in an interview last month.

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