Michelin Chennai Factory Goes Green with Renewable Energy CleanMax

PARTNERS WITH CLEANMAX FOR OPEN ACCESS SOLAR ENERGY

Leading mobility and technology company, Michelin, has signed a Power Purchase Agreement (PPA) with CleanMax Enviro Energy Solutions Pvt. Ltd for supply of green energy. The agreement marks Michelin’s factory at Hervoykandigai, the first long-term open-access PPA that will increase the total contribution of renewable energy to 37% from the current 11% and account for a reduction of 11,712 tons of CO2 emissions annually.