Triple-Digit PE Renewable Energy Company Commissions Record 530 MW Capacity in Q1 FY27; Check Details

On Tuesday, Indian benchmark indices traded higher in early trade. As of the latest available trade, the Nifty 50 gained 41.70 points, or 0.17 per cent, to 24,472.05. Amid the positive market sentiment, Clean Max Enviro Energy Solutions share price rose 1.79 per cent to Rs 1,284.80 after the company announced its highest-ever quarterly renewable energy commissioning.

CleanMax Commissions Record 530 MW in Q1 FY27

CleanMax announced that it successfully commissioned around 530 MW of renewable energy capacity during Q1 FY27, marking the highest quarterly commissioning in the company's history. The milestone increased its operational renewable energy portfolio from approximately 3.6 GW as of March 2026 to around 4.2 GW, reinforcing its leadership in India's commercial and industrial (C&I) renewable energy segment.

The newly commissioned capacity includes 403 MW under the Renewable Energy Power Sales business, comprising around 350 MW of solar capacity and 53 MW of wind capacity, along with 126 MW of solar capacity under the Renewable Energy Services business. The projects were commissioned across 11 project sites in Gujarat, Karnataka, Maharashtra, Haryana and Chhattisgarh.

Strengthens Leadership in C&I Renewable Energy

Following the record commissioning, CleanMax's operational portfolio now comprises approximately 3.5 GW under its Renewable Energy Power Sales business and 0.7 GW under its Renewable Energy Services business, providing tailored clean energy solutions to commercial and industrial customers across Asia. The company stated that the achievement reflects the growing adoption of renewable energy by corporate customers and its ability to execute projects at scale.

The company also highlighted recent customer additions, including Meta, Apple, STT GDC India, Iron Mountain Data Centers, Princeton Digital Group, CEAT and GACL, reflecting increasing demand for clean energy solutions from technology, data centre and industrial companies.

Management Commentary

Commenting on the development, Kuldeep Jain, Founder and Managing Director, said: "Crossing 500 MW of commissioning in a single quarter reflects the scale of demand we are seeing from commercial and industrial customers. It also marks an important expansion of our operating portfolio and the long-term partnerships that underpin it. Our focus remains on timely execution and creating long-term value for customers and shareholders. As India's largest pure-play C&I renewable energy company, we will continue to support our customers through the next phase of their energy transition."
Also Read - Rs 14,010 Crore Order Book: India's Leading Clean Tech Solutions Provider Secures Rs 3,011 Crore Orders in Q1 FY27

About Clean Max Enviro Energy Solutions

Clean Max Enviro Energy Solutions Limited is India's largest pure-play Commercial & Industrial (C&I) renewable energy company, with more than 15 years of operating experience. The company develops and operates solar, wind and hybrid renewable energy projects for commercial and industrial customers across India and Asia.

As of March 2026, CleanMax had a contracted renewable energy portfolio of 5.7 GW and served 588 customers across technology, digital infrastructure, manufacturing and industrial sectors. Its customer base includes leading global companies such as Google, Apple, Amazon, Meta, Cisco, Shell, BASF, CEAT and Equinix, while CARE Ratings upgraded the company's credit rating to CARE AA-/Stable in May 2026.

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Disclaimer: The article is for informational purposes only and not investment advice.