
CleanMax Solar
India's #1 Rooftop Solar Developer.
CleanMax Solar is a renewable energy company that focuses on providing solar power solutions to businesses and institutions. The company operates in the renewable energy market, specifically in solar and wind energy. CleanMax serves a diverse range of clients, including large corporations, shopping malls, educational institutions, and industrial facilities. Some of their notable clients include Knorr Bremse, Tata Group, and Cargill.
CleanMax's business model revolves around the development, installation, and maintenance of solar power plants. They offer both rooftop and ground-mounted solar solutions, as well as hybrid systems that combine solar and wind energy. The company also provides Open Access solutions, which allow businesses to buy renewable energy directly from CleanMax's solar farms, bypassing traditional utility companies.
CleanMax makes money through long-term power purchase agreements (PPAs) with their clients. Under these agreements, clients commit to buying electricity generated by CleanMax's solar plants at a fixed rate for a specified period, usually ranging from 10 to 25 years. This model provides CleanMax with a steady and predictable revenue stream while offering clients a cost-effective and sustainable energy solution.
The company has a strong commitment to environmental sustainability, as evidenced by their significant CO2 abatement achievements. For example, their solar farm in Dindigul, with a capacity of 30 MWp, reduces CO2 emissions by 36,900 tons per year. CleanMax is also backed by reputable institutional investors such as Warburg Pincus, the International Finance Corporation (a member of the World Bank Group), and Macquarie-managed UK Climate Investments, which adds to their credibility and financial stability.
In summary, CleanMax Solar is a key player in the renewable energy sector, providing innovative solar and wind power solutions to a wide range of clients. Their business model ensures long-term revenue through PPAs, and their commitment to sustainability is reflected in their impressive CO2 abatement figures.
Keywords: Solar Power, Renewable Energy, Sustainability, CO2 Abatement, Power Purchase Agreements, Institutional Investors, Hybrid Systems, Open Access, Corporate Clients, Solar Farms.