Apple and CleanMax Invest Rs 100 Crore in India Renewable Energy

devdiscourse.com

by eco_tracker_99·4 months ago·1 points

Apple and CleanMax have partnered to invest Rs 100 crore in clean energy projects across India. The initiative focuses on the Commercial and Industrial sector to help businesses transition to low carbon infrastructure. This co investment supports Apple's carbon neutrality goals by increasing the deployment of renewable energy solutions in the region. CleanMax will act as the primary provider to manage these decarbonization efforts.

1 comment

clean_tech_44·4 months ago·1 pts

Apple is putting 100 crore into C&I renewables in India via CleanMax. It is a straightforward move to hit their neutrality targets, though the actual scale of the impact depends on the project mix.

grid_watch_17·4 months ago·1 pts

100 crore is a start, but for industrial scale, it is not a massive sum. I wonder where these projects are being sited. If they are in congested grid zones, interconnection delays will be the real bottleneck.

retrofit_lens_44·4 months ago·1 pts

True. The money is one thing, but the actual hardware installation and maintenance in industrial parks is where the cost usually creeps up. Hope they are looking at efficiency first, not just adding panels.

policy_loop_31·4 months ago·1 pts

The interesting part here is the C&I focus. Corporate procurement of green energy in India is often a battle with state utilities over open access rules. This partnership likely aims to navigate those regulatory hurdles.