CleanMax Enviro Energy Solutions Limited has announced a partnership with Shell India to supply renewable electricity through hybrid wind-solar projects.
The collaboration spans multiple sites across Gujarat and Karnataka, with a combined installed capacity of around 30 MW. These projects are designed to support Shell’s operations with reliable and sustainable energy solutions.
In Gujarat, CleanMax is developing a 16.83 MW hybrid project that includes 6.93 MWp of solar and 9.90 MW of wind capacity. This project will supply renewable power to Shell’s LNG terminal at Hazira. Built under a group-captive model, the hybrid setup ensures a stable energy supply, which is essential for energy-intensive operations such as LNG processing.
In Karnataka, CleanMax is setting up a 13.2 MW hybrid renewable project, comprising 9.9 MWp of solar capacity in Jagalur and 3.3 MW of wind capacity in Honawad. The generated power will be supplied to Shell’s Technology Centre in Bengaluru, a global innovation hub focused on engineering, digital, and future energy systems.
The projects are being developed under the group-captive framework, where both companies co-invest in the renewable assets. This structure allows Shell India to secure clean energy while maintaining cost efficiency and long-term sustainability. The initiative aligns with Shell’s strategy to reduce carbon emissions and transition towards cleaner energy sources in India.
Together, the projects are expected to generate approximately 66,832 MWh of renewable energy annually based on the power purchase agreement. This will significantly contribute to reducing carbon footprint while ensuring consistent power availability across Shell’s key facilities.
On April 21, 2026, CleanMax share price opened at ₹1,035.85, touching the day’s high at ₹1,043.00, as of 1:05 PM on the NSE.
Also Read: CleanMax Commissions 185 MW Hybrid Renewable Energy Project in Gujarat!
The collaboration between CleanMax and Shell India highlights the growing adoption of hybrid renewable solutions in the commercial and industrial sector. With a focus on sustainability and operational efficiency, such partnerships are expected to play a key role in India’s transition towards a cleaner energy future.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 21, 2026, 1:15 PM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
