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Clean Max surges 15% to record high on 900 MW partnership with Meta
Clean Max Enviro Energy Solutions and Meta have announced a 900 MW renewable energy partnership in India.
Clean Max shares rally 15% on expanding Meta renewable energy partnership beyond 900 MW
Under the agreement, Meta will purchase 100% of the environmental attributes generated by these projects as part of its efforts to match its electricity consumption with 100% clean and renewable energy and reduce value-chain emissions in the region.
NTPC Renewable Energy to develop 250 MW solar project with BESS in Uttar Pradesh
NTPC Renewable Energy (NTPC REL), a wholly owned subsidiary of NTPC Green Energy, shall be developing a 250 MW Solar Power Project integrated with Battery Energy Storage System (BESS) on vacant defence land at Sitapur, Uttar Pradesh.
CleanMax gains after signing 900 MW clean energy deal with Meta
CleanMax Enviro Energy Solutions rose 2.98% to Rs 1,271.05 after the company announced a renewable energy partnership with Meta Platforms Inc. that will support the development of more than 900 MW of renewable energy capacity in India.
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.
CleanMax shares soar 15% to record high on Meta partnership
CleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platforms. The projects include solar and wind assets, with Meta purchasing 100% of environmental attributes. The deal strengthens Meta’s clean energy goals and reinforces CleanMax’s position in India’s C&I renewable energy market, backed by strong long-term customer contracts.
CleanMax and Meta announce 900 MW renewable energy deal
Meta Platforms, Inc. (NASDAQ: META) and Clean Max Enviro Energy Solutions (CleanMax) have announced a ~900 MW renewable energy partnership in India. Together, the companies will support the development of 837 MW of new solar and wind capacity across Rajasthan and Karnataka. Combined with previously announced projects, the partnership now represents more than 900 MW of renewable energy capacity.
850 acres of vacant defence land in Uttar Pradesh to host 250 MW solar power plant
A significant solar power project is set to be established in Sitapur, Uttar Pradesh. Defence Minister Rajnath Singh has approved a 250 MW solar power plant on defence land. This initiative marks a major step in renewable energy adoption. The project will also feature a Battery Energy Storage System.
Rajnath Singh clears 250 MW solar-BESS project on defence land; NTPC to execute
Defence Minister Rajnath Singh has approved a 250 MW solar power project with battery storage on vacant defence land in Uttar Pradesh, marking the Ministry of Defence's first large-scale renewable energy initiative of its kind.
Ficci proposes 700MW PHWR tech transfer framework to boost nuclear energy investment
Indian industry is pushing for a clear framework to license and transfer technology for indigenous 700MW PHWR reactors to private players. This move aims to accelerate nuclear capacity expansion and attract vital investment. Ficci highlighted that structured technology transfer and licensing are crucial for faster project deployment and mobilising capital, ultimately strengthening India's nuclear power programme and project viability.
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fund
Subahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in building the firm's real assets and infrastructure business, managing substantial assets and spearheading significant deals. Chordia's departure follows a successful tenure marked by substantial fundraising and strategic acquisitions in the infrastructure and clean energy sectors.
Payal Industrial Park, Fourier partner on hydrogen energy storage pilot
Payal Industrial Park is partnering with Fourier, an energy startup. They will deploy a hydrogen-powered energy storage system in Dahej, Gujarat. This collaboration aims to provide industries with reliable, 24/7 clean electricity. The system generates hydrogen on-site, reducing costs and logistics. This initiative supports India's green hydrogen goals and offers energy independence for industrial parks.