CleanMax and Facebook had recently announced that both the companies have got into a partnership to move into 100 % renewable energy in India. Let’s look at how Facebook is bringing renewable energy into India with the association with CleanMax.
CleanMax Solar is a clean energy company. The company develops rooftop solar power. It was formed in the year 2011 and has its headquarters in Mumbai, India. The company has its presence in the major parts of India.
CleanMax is said to be one of the leading renewable energy company which is pioneering in roof top solar development across India. The company has successfully installed more than 550 rooftop solar projects for more than 170 corporates.
It has a total rooftop solar operating capacity of more than 250 MW. It also operates large scale solar and wind farms for supplying clean energy to its corporate customers which is more than 450 MW.
Facebook is an American based social media and social networking company. The company was founded in the year 2004 and is located in California. As of 31 December 2020, the company has around 2.8 billion monthly active users.
The company’s services are available in around 111 languages and is present in almost all the countries worldwide. The company was founded by Mark Zuckerberg with his roommates and his college mates from Harvard College. Some of the important people are Chris Hughes, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, etc.
Facebook and CleanMax partnership
On 15 April 2021, Facebook and CleanMax had announced that they had got into a partnership to support the development of renewable energy in India through solar and wind energy.
Urvi Parekh who is the head of the renewable energy at Facebook said in a statement that they are excited to announce this important step which is helping them support their operations in the region, which includes their office in India, with 100% renewable energy.
Under the agreement of the partnership, both the companies CleanMax and Facebook will assemble a portfolio of solar projects and wind which will be used to supply renewable energy into the electrical grid in India.
First Project of CleanMax and Facebook in India
The first project according to the agreement between both the companies will be a 32 MW wind project. The project is expected to be located in Karnataka, India. This project will be followed by similar other projects in states where the tech giant has its operations.
It is estimated that approximately half of the project capacity has been commissioned recently and is generating power already. Urvi Parekh who is the head of the renewable energy at Facebook said that their partnership with CleanMax will enable the generation of solar energy and wind power in the near future. This will be a huge contribution to the decarbonization of the Indian electrical grid.
CleanMax is said to own and operate the projects meanwhile Facebook is said to provide long-term support by committing to purchase the complete environmental attribute certificates from the projects. These are for the near future.
The social media giant, Facebook had announced that the company has reached 100 % renewable energy. The company also added on saying that it has achieved net zero emissions for its global operations.
Andrew Hines who is the co-founder and the chief commercial officer at CleanMax has said that they have always strived to develop innovative solutions which will help their clients to achieve their 100 per cent renewable ambitions.
He also added on saying that given the constraints in sourcing power to many facilities, CleanMax is working with certain forward thinking corporations such as Facebook which will help them find creative solutions to these problems.
Urvi Parekh also added on saying that Facebook is committed towards upholding the highest standards in the environment. This is to ensure environmental sustainability across all aspects of their operations.
What is renewable energy and examples?
Renewable energy, often referred to as clean energy, comes from natural sources or processes that are constantly replenished. For example, sunlight or wind keep shining and blowing, even if their availability depends on time and weather.
Is renewable energy the future?
Renewable energy is expected to make up 30 percent of the world's energy by 2024, according to the International Energy Agency, and most of this is driven by solar and wind projects.
What is the best source of renewable energy?
Wind Energy, Hydropower, Solar, and Geothermal are some of the best source of renewable energy.
We will be able to see a lot more projects coming up in the future with the partnership of Facebook and CleanMax regarding the development of renewable energy in India and across the world.
Must have tools for startups - Recommended by StartupTalky
Subscribe to StartupTalky
Get the latest insights delivered to you right in your inbox