The group captive solar project will power Table Space’s managed office centres in Karnataka, helping the company reduce emissions and support enterprise sustainability goals.
Table Space has signed a long-term Power Purchase Agreement (PPA) with CleanMax for a 2.7 MWp group captive solar power project in Karnataka, marking another step towards decarbonising its managed office portfolio.
Once commissioned, the solar project will supply renewable electricity to Table Space’s managed office centres across the state while allowing the company to retain the environmental attributes associated with the clean energy generated.
The partnership aligns with the growing demand from corporate occupiers for low-carbon workplaces as businesses increasingly account for emissions linked to their office operations.
By sourcing electricity through the group captive model, Table Space aims to provide clean, measurable and dedicated renewable power to its facilities, enabling tenants to strengthen their carbon accounting and sustainability commitments.
Kunal Mehra, President and Co-CEO of Table Space, said sustainability is becoming a core element of enterprise infrastructure as organisations seek to reduce the environmental impact of their operations. He noted that the partnership with CleanMax ensures the company’s facilities are powered by captive renewable energy while supporting customers in achieving their environmental objectives.
CleanMax, India’s one of the largest renewable energy provider focused on the commercial and industrial sector, has developed and will operate the solar project.
The company said the agreement reflects the increasing adoption of renewable energy by commercial real estate companies seeking long-term decarbonisation solutions.
Kuldeep Jain, Founder and Managing Director of CleanMax, said the collaboration demonstrates how renewable energy can be integrated directly into business operations. He added that purpose-built captive renewable energy infrastructure enables companies such as Table Space to make measurable progress towards reducing their carbon footprint.
The agreement highlights the expanding role of captive renewable energy in India’s commercial real estate sector, where sustainability is emerging as a key factor in attracting enterprises committed to achieving net-zero and ESG targets.