CleanMax, a leading provider of renewable energy and net-zero solutions for the commercial and industrial (CCI) sector in India, has entered into a strategic partnership with Toyota Tsusho India Private Limited (TTIPL). This collaboration aims to cater to the growing clean energy demands of Japanese corporations operating in India.
TTIPL is a subsidiary of Toyota Tsusho Corporation Japan, part of the Toyota Group, and has been solving business and social challenges across various sectors in India through its innovative approach. The new partnership is focused on developing and operating 300 MW of renewable energy projects for corporates by March 2028.
This joint initiative will serve as a platform for Indian corporations to adopt clean energy through long-term Corporate Power Purchase Agreements (CPPAs), primarily targeting Japanese businesses in India. The partnership will offer customized green energy solutions, including rooftop solar installations, standalone solar or wind projects, wind-solar hybrid projects, and carbon credits.
Kuldeep Jain, Founder and Managing Director of CleanMax, shared, “Our partnership with Toyota Tsusho is a significant milestone for us. We’re excited to support Japanese companies, including those in the Toyota Group, on their journey to achieve net-zero goals. This collaboration strengthens CleanMax’s focus on global partnerships aimed at reducing corporate carbon footprints while advancing our own growth targets efficiently.”
Nobuaki Yahiro, Managing Director of TTIPL, added, “This initiative is a strategic move to enable decarbonization for our group and partners in India, driving us towards a carbon-neutral future. By partnering with CleanMax, we aim to provide reliable, long-term renewable energy to our customers, helping to accelerate India’s transition to renewable energy.” The collaboration leverages CleanMax’s expertise in executing large-scale renewable energy projects and Toyota Tsusho’s extensive network within Japanese businesses operating across India’s industrial hubs.
Toyota Tsusho India, a part of the Toyota Tsusho Group, operates across seven business sectors: metals, circular economy, supply chain, mobility, green infrastructure, digital solutions, and lifestyle services. Renewable energy and energy management are core focus areas in the group’s growth strategy. As one of Japan’s largest developers in the renewable energy space, Toyota Tsusho Group has a presence across the Americas, EMEA, and APAC, with assets exceeding 4 GW. The group is committed to accelerating renewable energy adoption globally, with a focus on India, in line with its mission to create a better Earth for future generations.
CleanMax is one of India’s leading renewable energy companies in the commercial and industrial sector, managing over 2.2 GW of operational capacity across India, the Middle East, and Southeast Asia. Backed by Brookfield, CleanMax offers a range of net-zero solutions, including rooftop solar, solar farms, wind farms, and wind-solar hybrid farms. The company serves over 500 clients across diverse industries such as data centers, textiles, automotive, chemicals, FMCG, pharma, and manufacturing, with a strong focus on helping these companies transition to clean energy.
