Clean Max Enviro Energy Solutions Limited (NSE: CLEANMAX | BSE: 544717), a leading renewable energy solutions provider in India, has announced a significant collaboration with Shell India to supply renewable electricity from its hybrid wind–solar projects. This initiative will power Shell’s assets in Gujarat and Karnataka with a combined installed capacity of approximately 30 MW.
In Gujarat, CleanMax is developing a 16.83 MW hybrid renewable energy plant, which includes 6.93 MWp of solar and 9.90 MW of wind capacity. This project, implemented under the group-captive model, will supply renewable power to Shell’s LNG terminal at Hazira. The hybrid configuration aims to support the energy-intensive operations of the LNG terminal, enhancing supply stability and operational resilience.
In Karnataka, CleanMax is setting up a 13.2 MW hybrid renewable energy plant, consisting of 9.9 MWp of solar capacity in Jagalur and 3.3 MW of wind capacity in Honawad. This energy will be supplied to the Shell Technology Centre in Bengaluru, which serves as Shell plc’s third global technology centre. The centre is a state-of-the-art innovation and technology hub with advanced engineering, digital, and pilot testing facilities for current and future energy systems.
Under the group-captive framework, both companies will co-invest in the development of these renewable energy assets, aligning with Shell’s ongoing efforts to lower carbon emissions in India. Kuldeep Jain, Managing Director of Clean Max Enviro Energy Solutions Limited, expressed enthusiasm about the partnership, highlighting its alignment with Shell’s net-zero ambitions and the broader corporate shift towards sustainable energy solutions.
Mansi Madan Tripathy, Chairperson of Shell Group of Companies India and SVP of Shell Lubricants, Asia Pacific, emphasised the importance of hybrid renewable solutions in balancing reliability with the need to decarbonise operations. She noted that the collaboration with CleanMax supports Shell’s efforts to decarbonise its operations and contribute to India’s energy transition.
The projects are expected to generate approximately 66,832 MWh of renewable energy annually, based on the Power Purchase Agreement (PPA).
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).