Apple & CleanMax Partner to Boost Renewable Energy in India with ~INR 100 Crore Investment

Apple and CleanMax have entered into a strategic co-investment transaction aimed at accelerating decarbonization within India’s Commercial & Industrial (C&I) sector through scaled renewable energy deployment. The partnership with Clean Max Enviro Energy Solutions Limited (NSE: CLEANMAX | BSE: 544717), India’s largest renewable energy solutions provider for the commercial and industrial sector, reflects a shared long-term commitment towards enabling corporate clean energy transition, advancing low-carbon infrastructure, and supporting Apple’s broader carbon neutrality goals.

The development between CleanMax and Apple builds on their earlier co-investment partnership supporting Apple’s India operations.

Kuldeep Jain, Managing Director and Founder, CleanMax, said, “We are thrilled to expand our partnership with Apple yet again. At CleanMax, we see ourselves as a long-term net-zero partner to corporates, and we are proud to continue working with a company like Apple that continues to push the ecosystem to think bigger, move faster, and build more responsibly.”

Amid the rapid expansion of India’s corporate renewable energy market, such collaborations are increasingly shaping the next phase of industrial decarbonization by combining long-term capital, global sustainability ambition, and scalable clean energy execution. The partnership also reflects the growing role of strategic co-investment models in accelerating high-quality renewable infrastructure for commercial and industrial consumers, with India continuing to emerge as a critical market in this transition.

For more details, refer to https://nr.apple.com/DW0T4z3XP5