Danube Group Partners with CleanMax Solar, Commissions 1,200 kW Solar Projects

Danube Group Partners with CleanMax Solar, Commissions 1,200 kW Solar Projects

CleanMax Solar, a leading rooftop solar developer, has partnered with Danube Group, UAE's diversified conglomerate for a 1,200  kW rooftop solar project at its manufacturing facility in Techno Park, Dubai ...
/ / Rooftop, Solar
The Indian Academy Dubai School Installs 192 kW Rooftop Solar System

The Indian Academy Dubai School Installs 192 kW Rooftop Solar System

The Indian Academy, Dubai recently partnered with CleanMax Solar, a rooftop solar developer,  to install a 192 kW rooftop solar project in the school. The project is expected to generate ...
/ / Rooftop, Solar
Hindustan Shipyard to Install 1 MW of Rooftop Solar Projects in Andhra Pradesh

Hindustan Shipyard to Install 1 MW of Rooftop Solar Projects in Andhra Pradesh

Hindustan Shipyard Limited (HSL) is planning to increase its rooftop solar capacity by adding 1 MW installation at its premises in the state of Andhra Pradesh. This project will be ...
/ / Rooftop, Solar
CleanMax Solar to Develop 150 MW of Group Captive Solar Projects in Haryana

CleanMax Solar to Develop 150 MW of Group Captive Solar Projects in Haryana

CleanMax Solar, a leading rooftop solar developer, has initiated the process for setting up 150 MW of solar group captive projects to supply power to corporates in the state of ...
/ / Solar, Utility Scale
India’s Top Rooftop Solar Installers in 2018

India’s Top Rooftop Solar Installers in 2018

With the help of growing demand from the government, commercial, and industrial sectors, the rooftop solar sector has been witnessing consistent growth in India. However, the share of rooftop solar ...
Corporate Segment Key Driver for Rooftop Solar_ Interview with Manu Karan, CleanMax Solar

Corporate Segment Key Driver for Rooftop Solar: Interview with Manu Karan, CleanMax Solar

State and central subsidies coupled with increasing demand from the government, commercial and industrial sectors, have enabled the steady progress of the rooftop solar sector in India. Cumulative solar rooftop ...
MNRE Asks Implementing Agencies to Adhere to Grid-Connected Rooftop Solar Guidelines

Cleanmax Solar Raises ₹2.75 Billion in Funding to Scale Projects for Corporates

CleanMax Solar, a leading rooftop solar developer, has raised ₹2.75 billion (~ $39 million) in investment from the United Kingdom (UK) Climate Investments LLP (UKCI), which is a joint venture ...
/ / Finance and M&A, Solar
Lucknow’s Sanjay Gandhi Medical Institute Installs 1.1 MW of Solar

Lucknow’s Sanjay Gandhi Medical Institute Installs 1.1 MW of Solar

Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGI) in Lucknow has installed 1.1 MW of solar projects which will help the institute save approximately ₹6 million (~$85,646.99) annually in ...
/ / Markets & Policy, Solar
Madhya Pradesh Announces First of its Kind Tender for 33 MW of Rooftop Solar Projects

Net Metering Policy Continues to be a Drag on India’s Rooftop Solar Sector

Net metering was introduced in India as a measure to make distributed renewable energy more accessible and economical for electricity consumers across the country. Net metering works by calculating the ...
/ / Mercom Research Focus, Other
Amity University Installs 1.8 MW of Solar Capacity at Three of its Campuses

Amity University Installs 1.8 MW of Solar Capacity at Three of its Campuses

Amity University has joined a select league of colleges and educational institutions that have gone solar to meet energy demands and usher in a greener, cleaner tomorrow. Amity’s solar PV ...
Solar Power Consumers Cannot Use Open Access and Net Metering at the Same Time

Solar Power Consumers Cannot Use Open Access and Net Metering at the Same Time

A ruling by the Maharashtra Electricity Regulatory Commission (MERC) has clarified that generators cannot use both Open Access and Net Metering simultaneously. The commission also reiterated that benefits of net-metering ...
CleanMax Solar Raises Funding from IFC

CleanMax Solar Raises $15 Million (~₹964.52 Million) from IFC

CleanMax Solar, an Indian rooftop solar developer, has raised $15 million (~₹964.52 million) in investment from the International Finance Corporation (IFC), a member of the World Bank Group. The IFC ...
/ / Finance and M&A, Solar
Some Module Suppliers are Backing Away from Supply Agreements

Interview: Some Module Suppliers are Backing Away from Supply Agreements

Unless there is a policy course correction, the solar rooftop installation goal of 40 GW by 2022 has been viewed as a challenge to achieve by many in the industry, ...
/ / Markets & Policy, Solar
Funding

CleanMax Solar Raises $100 Million in Funding from Warburg Pincus

CleanMax Solar, an Indian rooftop solar developer, has raised $100 million (Rs.6.5 billion) in equity financing from Warburg Pincus, a New York-based private equity firm. CleanMax Solar will utilize the ...
/ / Finance and M&A, Solar
hitachi

Hitachi Enters Indian Solar Market with CleanMax Solar

Hitachi, a Japanese electronics conglomerate, has signed a Memorandum of Understanding (MoU) announcing its plans to enter the Indian solar market in collaboration with CleanMax Solar. The partnership aims to ...
/ / Rooftop, Solar