Clean Max Enviro Energy Solutions Limited has informed the Exchange regarding a press release dated Jun 03, 2026, titled "Cleanmax and Gujarat Alkalies and Chemicals Limited partner to accelerate Industrial Decarbonisation through 75.90 MW Wind and 84.34 MWp Solar Power Project in Gujarat".
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Clean Max Enviro Energy Solutions has announced a partnership with Gujarat Alkalies and Chemicals Limited (GACL) to develop a large-scale renewable energy project in Gujarat. The project will combine a 75.90 MW wind power installation with an 84.34 MWp solar power installation, totalling approximately 160 MW of clean energy capacity. The collaboration is aimed at helping GACL decarbonise its industrial operations by switching to renewable energy sources. Cleanmax will likely serve as the developer and operator of the wind-solar hybrid project under this partnership.
This partnership expands Cleanmax's project pipeline and strengthens its position in the industrial decarbonisation space, potentially adding to future revenue. For GACL, it signals a meaningful step toward reducing its carbon footprint and long-term energy costs. The stock may see positive sentiment given the scale of the project and the growing demand for clean energy solutions in heavy industry.