Tags: CleanMax Solar

CleanMax Solar raises funding of Rs 275 crore from UK Climate Investments

CleanMax Solar has announced that it has raised Rs 275 crore in equity funding from UK Climate Investments LLP (UKCI). UKCI is a joint venture between the Green Investment Group and the UK Government’s Department for Business, Energy and Industrial Strategy and is managed by Macquarie Infrastructure and Real Assets. UKCI is a £200 million […]

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Sanjay Gandhi Post-graduate Institute of Medical Sciences taps solar power

In a bid to curb CO2 emissions and reduce the burden on conventional energy resources, a 1.11 MWp solar power plant was installed at the Sanjay Gandhi Post-graduate Institute of Medical Sciences (SGPGI). The solar power plant will help reducing 1,440 tonnes of CO2, which is equivalent to planting 33,855 full grown trees, besides saving […]

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CleanMax Solar installs 736 KW rooftop solar power plant in Mandoli Jail

CleanMax Solar has announced that it has installed a rooftop solar power plant with a capacity of 736 kilowatt (KW) in Mandoli Jail. The rooftop solar project is part of the company’s 2.5-megawatt contract with Delhi government’s power generation arm Indraprastha Power Generation. “The installation will save Rs 51.5 lakh per annum for the jail […]

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CleanMax solar installs onsite solar power at Amity University campuses

Amity University has adopted onsite solar power in its Jaipur, Manesar and Gwalior campuses in association with CleanMax Solar. CleanMax solar has installed on-site solar power plants in its Jaipur, Manesar and Gwalior campuses with a cumulative capacity of 1.8 MWp, CleanMax Solar said in a statement. Based on the ‘pay as you go’ or […]

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CleanMax Solar Wins Transformational Business Awards 2018

Financial Times (FT) and International Finance Corporation (IFC), a member of the World Bank Group announced CleanMax Solar as the winner in ‘Achievement in Transformational Infrastructure’ at the Transformational Business Awards 2018. The company was selected from among 189 entries received from 126 countries, and received the award for its rooftop solar project at the […]

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CleanMax Solar Donates a Solar Plant of 6.4 kWp to Ahinsa Sthal in Delhi

CleanMax Solar has donated a rooftop solar plant of 6.4 kWp to Ahinsa Sthal, a prominent Jain temple in Meherauli, Delhi. With this installation, Ahinsa Sthal has taken a step towards environment conservation by adopting solar energy. The temple is estimated to save Rs 50,000 on its electricity expenditure every year by replacing more than 35% of the […]

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Volvo Group India selects CleanMax Solar for long-term supply of solar power

CleanMax Solar has signed up with Volvo Group India Private Limited (VGIPL) for long-term supply of 2.75 MW of solar power for Volvo’s truck operations in Bangalore. This is expected to reduce Volvo’s carbon dioxide emission by 3380 tonnes per annum, and will also lead to a significant operating cost savings for Volvo. The agreement […]

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Post Budget 2018 Reaction: Nikunj Ghodawat, CFO, CleanMax Solar

Nikunj Ghodawat, CFO, CleanMax Solar said “This year’s budget ​is in  line with expectations, with a focus on all sectors and strata of society. The Government’s Budget of 2018-19 aligns with the overall plan of reducing the corporate tax rate gradually.  The corporate tax reduction from 30% to 25% for businesses with revenue up to 250 […]

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