CleanMax, a Mumbai-based corporate renewable energy solutions provider, has announced the commissioning of a 400 MW wind-solar hybrid plant for offtake by commercial and industrial sector clients. The developer said the project is located in Gujarat and was commissioned within 14 months.
The plant is built with 70 wind turbines, 2,52,010 solar panels, and 133 inverters. It is estimated to help offset 7,41,440 metric tons of CO2 annually.
CleanMax manages over 1.6 GW of operating wind and solar projects. It is backed by institutional investors such as Brookfield Renewable, Augment Infrastructure, and Danish Investment Fund (IFU). Recently, it closed an equity fundraise of $360 million from Brookfield Renewable. The developer said the funding would support its growth plans of becoming a >5 GW platform over the next three to four years.
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