Announced Thu, 7 May · 11:23 IST

Clean Max Enviro Energy Solutions Limited has informed the Exchange regarding a press release dated May 07, 2026, titled Apple and CleanMax Partner to Boost Renewable Energy in India with approximately INR 100 Crore Investment.

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AI summary

Apple and CleanMax have announced a strategic co-investment partnership worth approximately INR 100 crore to accelerate decarbonization in India's Commercial and Industrial (C&I) sector through renewable energy deployment. This partnership builds on their earlier co-investment supporting Apple's India operations. CleanMax is India's largest renewable energy solutions provider for the C&I sector, serving 570+ customers including data centers, AI, cement, steel, and manufacturing companies. The collaboration combines Apple's carbon neutrality goals with CleanMax's position as a net-zero solutions partner, highlighting the growing trend of strategic co-investment models in India's clean energy transition.

Likely market impact

This INR 100 crore co-investment with a global technology leader like Apple validates CleanMax's business model and strengthens its balance sheet, potentially attracting more corporate clients seeking credible renewable energy partners.