Clean Max Enviro Energy Solutions Limited (NSE: CLEANMAX | BSE: 544717) announced a record quarterly commissioning performance for Q1 FY27 (April-June 2026).

Operational Performance Highlights

  • Commissioned approximately 530 MW of renewable energy capacity in Q1 FY27, the highest-ever quarterly commissioning for the company
  • Increased operational renewable energy portfolio from ~3.6 GW (as of March 2026) to ~4.2 GW (as of June 30, 2026)
  • Commissioning was delivered across 11 project sites in five states

Portfolio Breakdown as on June 30, 2026

  • Total operational portfolio: ~4.2 GW
  • RE Power Sales business: ~3.5 GW (assets owned/co-owned by CleanMax including Group Captive projects with customer equity participation under long-term PPAs and EAPAs)
  • RE Services business: ~0.7 GW (EPC and O&M services for assets owned by C&I customers)

Q1 FY27 Capacity Additions Detail

RE Power Sales Business: 403 MW addition comprising:

  • ~350 MWp Solar capacity
  • ~53 MW Wind capacity

RE Services Business: 126 MWp Solar addition (EPC and O&M services)

Geographic Distribution of Additions

  • Gujarat: ~170 MW
  • Karnataka: ~160 MW
  • Maharashtra: ~110 MW
  • Additional capacities across Haryana and Chhattisgarh

Management Commentary

Mr. Kuldeep Jain, Founder and Managing Director, stated that crossing 500 MW of commissioning in a single quarter reflects the scale of demand from commercial and industrial customers and marks an important expansion of the operating portfolio and long-term partnerships.

Customer Base Context

  • Recent customer wins include Meta, Apple, STT GDC India, Iron Mountain Data Centers, Princeton Digital Group, CEAT, and GACL
  • As of March 2026, the company serves 588 customers across technology, digital infrastructure, manufacturing, and industrial sectors
  • Data Centres & AI infrastructure customers contribute 42% of the contracted RE Power Sales portfolio
  • Contracted renewable energy portfolio reached 5.7 GW in FY 2025-26
  • ~74% of new contracted capacity driven by existing customers, reflecting strong customer retention

Corporate Background

CleanMax is India's largest pureplay Commercial & Industrial renewable energy company with more than 15 years of operations. In May 2026, CARE Ratings upgraded CleanMax's credit rating to CARE AA-/Stable, reflecting robust performance, expanding portfolio, and improved financial outcome.