Table Space and CleanMax Partner on 2.7 MW Solar Project for Karnataka Offices
passionateinmarketing.comTable Space, a managed office provider in India, signed a long term power purchase agreement with CleanMax for a 2.7 MWp group captive solar project in Karnataka. The solar power will supply Table Space's enterprise grade office centers in the state, directly reducing the carbon footprint for over 500,000 square feet of office space. Table Space retains the environmental attributes from the project, which means tenants can count that clean power toward their own emissions reporting. CleanMax, India's largest commercial and industrial renewable energy player, developed and operates the project under a group captive structure, which allows Table Space to claim the power as clean, measurable, and operationally embedded. The deal matters because it ties renewable energy procurement directly to leased office space, a growing requirement for global corporations that need to account for scope 2 emissions from the buildings they occupy. Table Space manages over 11 million square feet across 80 centers in 9 Indian cities, so this 2.7 MWp project in Karnataka is a pilot for how they might scale similar arrangements. CleanMax recently had its credit rating upgraded to CARE AA-/Stable, which signals financial stability for long term PPAs. The article does not specify the project commissioning date or the PPA duration, which are details that would help assess the real impact.
