CleanMax provides private solar farm solutions across India to commercial and Industrial power consumer with zero or minimum investment (i.e. Third Party and Group Captive) at a discount to grid electricity tariff. We also offer “captive” solutions for those who prefer to own the solar parks by themselves.
Under the group captive model, a project is developed for the collective usage of one or many corporate buyers. CleanMax sets up a Special Purpose Vehicle (SPV) for group captive where the corporate buyer(s) holds only 26% of the equity in a project and needs to collectively consume at least 51% of the power with the PPA. Here too, CleanMax will take complete responsibility for building, operating and maintaining the project.
Avoid the capex and the performance risk. Under this model, you only pay for the energy generated, typically 20-40% cheaper to grid electricity tariff with zero investment on the asset, thus saving money in the process. Operation and maintenance will be handled by us. Just sign a Power Purchase Agreement (PPA) to save on your energy bills.
In the captive capex model, the corporate buyer for a utility-scale renewable project makes the upfront capital investment. The buyer owns the power generating asset and the solar power generated is used for the corporate buyer’s self-consumption. CleanMax constructs the plant and also operates and maintains it over its lifetime.
Since 2011, we have installed Solar farms across India with capacity of 330 MW through which we are supplying solar power to more than 60+ large corporates, thereby helping them achieve around 100% of their renewable energy targets. Our expertise in Solar Parks and successful project implementation has earned us some esteemed clients across various industries like Information Technology, Automotive, Consumer Durables, Cement, Manufacturing Industries etc. We provide solar power from our private Solar Farms to clients like Adobe, Tata Group Company, United Breweries, Carl Zeiss, TMEIC, Volvo, ACC, CISCO, SKF, Bangalore International Airport Limited.
We are offering Corporates and Industries uninterrupted access to solar power, from our network of private solar farms across India at Zero upfront capital investment. Corporates can now source solar power for their entire power requirement, through customized solutions based on our various business models listed below.
First Indian Company to win Financial Times & International Finance Corporation Award 2018 under Transformational Infrastructure category
CleanMax bestowed upon ‘Best Solar Power Turnkey Solutions – India 2018‘ by Capital Finance International (CFI) Magazine (UK).
In 2017, Mission Energy Foundation recognized CleanMax for its Excellence in Solar Park