Clean Max Solar
Clean Max Solar (CleanMax) is a Mumbai-headquartered renewable energy provider serving commercial and industrial enterprises across five countries with a 3 GW portfolio of solar, wind, and hybrid farms, offering onsite solar, offsite power, and carbon solutions under flexible OPEX, CAPEX, and VPPA financing models.
- Company typePrivate
- Founded-
- HeadquartersMumbai, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Clean Max Solar does
Clean Max Solar (operating as Clean Max Enviro Energy Solutions Limited, branded CleanMax) is a Mumbai-headquartered renewable energy solutions provider serving commercial and industrial (C&I) enterprises across five countries — India, Thailand, UAE, Bahrain, and Saudi Arabia. The company operates a 3 GW renewable energy portfolio (comprising solar farms, wind farms, and hybrid farms across 10+ Indian states) and serves 570+ corporate customers, claiming the No.1 market position in Asia for the C&I renewable energy segment as of March 2026. Its go-to-market is enterprise B2B, executed through direct field sales and supported by flexible financing structures spanning OPEX (PPA-based, capital-light for the customer), CAPEX (full ownership), and VPPA (virtual PPA) models.
The company's product portfolio is organized into three pillars: Onsite Solar Solutions (customized Solar PV systems engineered for individual facilities), Offsite Solutions (large-scale solar, wind, and hybrid farms delivering green power to C&I consumers via long-term PPAs), and Carbon Solutions (decarbonization and carbon credit offerings). The technology stack includes proprietary asset management tooling branded "Asset Management Powered by Intelligence," which delivers real-time analytics, predictive maintenance, and live monitoring across the operational fleet. Marquee partnerships — Google (100 MW+ in India), Apple (joint venture supporting Apple's 2030 climate goal), Equinix (33 MW captive plant in Maharashtra), Bengaluru Airport (hybrid PPA for airport expansion), Cisco (Excellence in Sustainability Award), Toyota Tsusho India, Osaka Gas, and STT GDC India (130 MW+ for AI-ready data center infrastructure) — anchor the customer base across technology, aviation, data center, and energy sectors. The company has converted from a private to public limited company structure and is preparing for an IPO in fiscal 2025-26.
Clean Max Solar firmographics
Firmographics- Name
- Clean Max Solar
- Legal name
- Clean Max Enviro Energy Solutions Limited
- Website
- https://cleanmaxsolar.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Clean Max Solar (CleanMax) is a Mumbai-headquartered renewable energy provider serving commercial and industrial enterprises across five countries with a 3 GW portfolio of solar, wind, and hybrid farms, offering onsite solar, offsite power, and carbon solutions under flexible OPEX, CAPEX, and VPPA financing models.
- Ownership category
- akta.pro rank
Clean Max Solar industry classification
Industry- Product category
- Commercial and Industrial Renewable Energy
- NAICS
- Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- C&I Onsite/Behind-the-Meter Energy Supply (Solar, CHP, Microgrids) (EUAGACAJ)
- akta.pro secondary industries
- Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Distributed & Commercial Renewable O&M (Rooftop Solar, C&I Wind, Small Hydro) (EUAMAGAB), DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC)
Keywords
Where Clean Max Solar is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Clean Max Solar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Power Purchase Agreements (PPAs): Long-term power purchase agreements with corporate customers for renewable energy supply from solar, wind, and hybrid farms. Customers enter into PPAs to source green energy for their operations.
- Onsite Solar Solutions: Customised Solar PV systems engineered for customer facilities with various ownership models including capital-light co-investment options or full ownership for customers.
- Carbon Solutions: Decarbonization solutions supporting global sustainability goals through innovative and socially conscious initiatives.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Clean Max Solar product offering
Product offeringCore offering
Clean Max Solar (CleanMax) is a renewable energy solutions provider serving commercial and industrial (C&I) enterprises with three core offerings: Onsite Solar Solutions (customised rooftop/ground-mount Solar PV systems engineered for customer facilities), Offsite Solutions (large-scale solar, wind, and hybrid farms delivering green power via open access to C&I customers), and Carbon Solutions (decarbonization and sustainability initiatives). The company supplies renewable power through long-term Power Purchase Agreements (PPAs) and flexible OPEX/CAPEX/VPPA financing structures.
Product overview
Clean Max Solar is a renewable energy solutions provider offering three core product lines: Onsite Solar Solutions (customised Solar PV systems engineered for facilities), Offsite Solutions (large-scale solar, wind, and hybrid farms for consistent green power delivery to C&I consumers), and Carbon Solutions (sustainability initiatives for global climate goals). The company operates with flexible financing models including OPEX, CAPEX, and VPPA options, serving corporate businesses across 5 countries with a 3 GW operational portfolio. Asset management services include real-time analytics, predictive maintenance, and live monitoring capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Offsite Solutions
Quantifiable outcome
- 3 GW operational portfolio across Asia
- +2 more outcomes
Companies that use Clean Max Solar
Customer profileNamed customers8 records
Segments1 record
Ideal customer profiles1 record
Clean Max Solar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature1 record
Clean Max Solar partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship and core.
- GoogleflagshipLandmark 100 MW+ renewable energy partnership in India supporting Google's sustainable growth and commitment to source clean energy for operations in every grid where Google operates.
- Bengaluru Airport (BIAL)coreLong-term power purchase agreement for hybrid energy to meet renewable energy needs for airport expansion program, providing substantial cost savings and supporting sustainability goals.
- AppleflagshipJoint venture supporting Apple's 2030 climate goal to transform electrical grids and restore watersheds for a cleaner future.
- Equinixcore33 MW renewable power projects establishing a Captive Power Plant in Maharashtra, India to enable 100% renewable energy coverage for Equinix customers.
- Toyota Tsusho India (TTIPL)corePartnership to jointly cater to Japanese corporates in India, facilitating reliable long-term renewable power with shared vision for sustainability.
- Osaka GascorePartnership to contribute to India's renewable energy transition supporting the high-potential C&I market, aligned with Osaka Gas Group's commitment to CO2 reduction and carbon neutrality.
- STT GDC IndiaflagshipRenewable energy partnership scaled beyond 130 MW to power India's sustainable, AI-ready digital infrastructure.
Scale indicators5 records
Recent moves8 records
Expansion highlights5 records
Clean Max Solar competitors and assessment
Company assessmentDirect peers
- Fourth Partner Energy: India-focused C&I distributed solar and energy solutions provider; very directly comparable to CleanMax in targeting commercial and industrial customers with onsite and offsite solar, backed by global investors.
- ACME Solar Holdings: Indian IPP with solar and hybrid renewable projects targeting utility and C&I segments; a comparable mid-to-large scale renewable developer competing for similar PPA structures as CleanMax.
- Jakson Group: India-based solar EPC and C&I renewable energy provider offering onsite solar, hybrid, and energy solutions; directly overlaps with CleanMax's onsite solar and C&I decarbonization offerings.
- Sprng Energy: Indian renewable energy platform developing solar and wind farms including for C&I customers; overlaps with CleanMax's offsite hybrid/solar farm strategy and corporate PPA model.
- Amplus Solar: C&I-focused rooftop and onsite solar provider in India (now part of Petronas); competes directly with CleanMax's onsite solar business for industrial and commercial customers seeking behind-the-meter solutions.
- ReNew Power: Leading Indian renewable IPP with significant utility-scale solar and wind plus C&I exposure; directly comparable to CleanMax in pursuit of corporate PPAs and hybrid renewable solutions across India.
Regional players
- Sembcorp Industries: Singapore-based renewables and sustainable urban solutions player with solar/wind assets across South and Southeast Asia; comparable to CleanMax's geographic diversification beyond India, especially in Thailand and the broader ASEAN region.
Broad incumbents
- Adani Green Energy: Largest renewable energy developer in India with utility-scale and C&I exposure; overlaps directly with CleanMax on C&I PPA pursuit and large-scale solar/wind development, but operates a much broader portfolio.
- JSW Energy: Indian IPP pursuing renewable expansion including C&I solar; overlaps with CleanMax on enterprise PPA bidding and corporate decarbonization offerings, while also running conventional and hydro assets.
- Tata Power Renewable Energy: Part of the Tata Group, develops and operates utility-scale and C&I solar/wind capacity in India; competes head-to-head with CleanMax for enterprise and hyperscaler PPAs, with deeper balance sheet and group-level access.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Clean Max Solar social profiles
Digital presenceClean Max Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clean Max Solar leadership team
Management profileNumber of profiles
Clean Max Solar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clean Max Solar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Clean Max Solar
What does Clean Max Solar do?
Clean Max Solar (CleanMax) is a renewable energy solutions provider serving commercial and industrial (C&I) enterprises with three core offerings: Onsite Solar Solutions (customised rooftop/ground-mount Solar PV systems engineered for customer facilities), Offsite Solutions (large-scale solar, wind, and hybrid farms delivering green power via open access to C&I customers), and Carbon Solutions (decarbonization and sustainability initiatives). The company supplies renewable power through long-term Power Purchase Agreements (PPAs) and flexible OPEX/CAPEX/VPPA financing structures.
Is Clean Max Solar a public or private company?
Clean Max Solar is a private company. It is classified as unknown and is currently operating.
When was Clean Max Solar founded?
Clean Max Solar was founded in -1. It employs 1 to 10 people.
Where is Clean Max Solar based?
Clean Max Solar is headquartered in Mumbai, India, in the Asia region.
How does Clean Max Solar make money?
Three revenue lines are on record. Power Purchase Agreements (PPAs) is the primary driver. The others are onsite Solar Solutions and carbon Solutions.
Who are Clean Max Solar's main competitors?
Direct peers on record are Fourth Partner Energy, ACME Solar Holdings, Jakson Group, Sprng Energy, Amplus Solar and ReNew Power. Sembcorp Industries is listed as a regional player. Broad incumbents are Adani Green Energy, JSW Energy and Tata Power Renewable Energy.
Does Clean Max Solar have an API?
No public API is recorded for Clean Max Solar.
What industry is Clean Max Solar in?
Clean Max Solar's product category is Commercial and Industrial Renewable Energy. Its primary akta.pro industry code is EUAGACAJ, C&I Onsite/Behind-the-Meter Energy Supply (Solar, CHP, Microgrids), with a secondary code of EUAMAJAD, Distributed Generation (DG) Solar & Small Wind. Its NAICS code is 221114 and its SIC code is 4911.