Synopsis
Shares of CleanMax Enviro Energy Solutions jumped 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platforms. The projects include solar and wind assets, with Meta purchasing 100% of the environmental attributes. The agreement reinforces Meta’s clean energy goals and strengthens CleanMax’s position in the Indian C&I renewable energy market, supported by strong long-term customer contracts.
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ETMarkets.comShares of CleanMax Enviro Energy Solutions jumped 15 per cent to hit a fresh 52-week high of ₹1,421.20 on the NSE on Wednesday after the company announced a 900 MW renewable energy partnership with Meta Platforms.
CleanMax will develop and operate new renewable energy capacity, which includes large-scale solar and wind projects. Meta will purchase 100% of the environmental attributes of these projects. Renewable energy initiatives support Meta’s efforts to add new generation capacity to the grid and advance its goal of matching its electricity consumption with 100% clean, renewable energy.
“This announcement builds on an existing relationship between the two companies and reflects the growing role of innovative procurement models in accelerating India’s energy transition,” a company press release said.
Kuldeep Jain, Founder and Managing Director, CleanMax Enviro Energy Solutions Limited, said: “Meta connects billions of people every day through platforms like Facebook, Instagram, WhatsApp and Threads, while helping shape the future of digital and AI infrastructure. We are delighted to partner with Meta. Every generation builds an infrastructure that defines its future. For us, this infrastructure is increasingly digital, AI-driven and interconnected. It must also be powered by energy We look forward to supporting Meta’s renewable energy ambitions while contributing to India’s clean energy transition.
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Amanda Yang, Head of Clean and Renewable Energy at Meta, said: “These agreements represent significant progress in supporting our renewable energy goals in the region. We are pleased to continue working with CleanMax to help bring new renewable energy capacity onto the grid in India and support the growth of the country’s clean energy ecosystem.”
CleanMax Enviro Energy Solutions is India’s largest commercial and industrial renewable energy company, with over 15 years of operations. The company’s contracted renewables portfolio reached 5.7 GW in FY25, with approximately 74% of new contracted capacity coming from existing customers, reflecting strong retention and long-term commercial visibility.
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