CleanMax and Toyota Tsusho India to jointly cater to the clean energy requirements of Japanese corporates in India

Dateline: CleanMax, a Brookfield-backed company and one of the leading Indian renewable energy and net-zero solution providers for the Commercial and Industrial (C&I) sector, and Toyota Tsusho India Private Limited (TTIPL) have announced a long-term partnership.

TTIPL is a wholly owned subsidiary of Toyota Tsusho Corporation Japan, a member of the Toyota Group, and has been creating value through its innovative approach to solving business and social challenges across diverse sectors in India.

The new partnership entity aims to leverage synergies between both companies to develop and operate 300 MW of renewable energy projects for corporates by March 2028.

The newly created entity will serve as a platform for clean energy adoption for corporates in India through long-term Corporate Power Purchase Agreements (CPPAs), catering to Japanese corporates in India. The partnership will provide comprehensive green energy solutions tailored to each company’s needs, including rooftop solar projects, stand alone ground-mount solar or wind projects, wind-solar hybrid projects and carbon credits.