CleanMax to supply hybrid renewable power to Shell's LNG terminal and technology centre in India

Clean Max Enviro Energy Solutions Limited (NSE: CLEANMAX | BSE: 544717) ("CleanMax"), India's largest renewable energy solutions provider for the commercial and industrial sector, has announced that it will supply renewable electricity from its hybrid wind-solar projects to Shell India's assets in Gujarat and Karnataka. This collaboration covers multiple sites with a combined installed capacity of approximately 30 MW.

In Gujarat, CleanMax is developing a 16.83 MW hybrid renewable energy plant, comprising 6.93 MWp of solar and 9.90 MW of wind capacity. Implemented under the group-captive model, the project will supply renewable power to Shell's LNG terminal at Hazira. The hybrid configuration is designed to support the energy-intensive operations of the LNG terminal, enhancing supply stability and operational resilience.

In Karnataka, CleanMax is developing 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. The power will be supplied to the Shell Technology Centre in Bengaluru, Shell plc's third global technology centre, 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 continued efforts to advance lower-carbon operations in India.

Kuldeep Jain, Managing Director, Clean Max Enviro Energy Solutions Limited, said, "We are delighted to partner with Shell in India to lower the carbon-footprint of its operations in Gujarat and Karnataka, in line with the company's net zero ambitions. This enables critical operations across key markets to adopt cleaner energy, and to me, signals a crucial phase in corporate leadership - one where sustainability is integrated directly into core operational decisionmaking."

He further added, "Commercial and Industrial consumers account for nearly half of India's electricity demand, making corporates key to the country's energy transition. Long-term, tailored, renewable solutions will therefore play a critical role in enabling businesses to reduce carbon intensity while ensuring reliability and cost stability."

Speaking about the collaboration, Mansi Madan Tripathy, Chairperson, Shell Group of Companies India and SVP, Shell Lubricants, Asia Pacific, said, "As energy demand grows across complex assets, hybrid renewable solutions offer a practical pathway to balance reliability with a need to decarbonise operations. Our collaboration with CleanMax reflects this approach across key facilities in Gujarat and Karnataka, supporting Shell's ongoing efforts to decarbonise its operations and be a trusted partner in India's energy transition roadmap."

Together, the projects are expected to generate approximately 66,832 MWh of renewable energy annually (basis Power Purchase Agreement ("PPA")).

Source : Equity Bulls

Keywords

CleanMaxEnviroEnergySolutions Hybrid RenewablePower Shell LNGTerminal TechnologyCentre