Mumbai : CleanMax, a Brookfield-backed company and one of the leading Indian renewable energy and net-zero solution providers for the Commercial and Industrial (C&I) sector, and Toyota Tsusho India Private Limited (TTIPL) have announced a long-term partnership.
TTIPL is a wholly owned subsidiary of Toyota Tsusho Corporation Japan, a member of the Toyota Group, and has been creating value through its innovative approach to solving business and social challenges across diverse sectors in India.
The new partnership entity aims to leverage synergies between both companies to develop and operate 300 MW of renewable energy projects for corporates by March 2028.
The newly created entity will serve as a platform for clean energy adoption for corporates in India through long-term Corporate Power Purchase Agreements (CPPAs), catering to Japanese corporates in India. The partnership will provide comprehensive green energy solutions tailored to each company’s needs, including rooftop solar projects, stand-alone ground-mount solar or wind projects, wind-solar hybrid projects and carbon credits.
Kuldeep Jain, Founder & Managing Director, CleanMax, said, “The partnership with Toyota Tsusho is a prestigious landmark for us. We’re delighted to support their journey in India, with an aim to enable Japanese corporates including Toyota Group reach their net-zero goals. This solidifies CleanMax’s strategy around global collaborations focused on helping corporations reduce their carbon footprint, while enabling the company to achieve its growth targets in a more capital-efficient manner.”
Nobuaki Yahiro, Managing Director, TTIPL, said, “This initiative is a strategic step to enable decarbonization for our group and partners in India towards a carbon-neutral future. The partnership with CleanMax aims to facilitate availability of reliable, long-term renewable power to customers and our shared vision for sustainability will help accelerate India’s shift to renewable energy.”
The collaboration taps into CleanMax’s track record of executing large-scale and long-term renewable energy projects and Toyota Tsusho’s deep-rooted network among Japanese businesses operating across India’s industrial corridors.
About Clean Max Enviro Energy Solutions Private Limited. (CleanMax)
CleanMax is one of the leading Indian renewable energy companies in the C&I (Commercial and Industrial) sector, with 2.2 GW of operating, owned and managed capacity of operating renewable assets spread across India, Middle East, and South-East Asia as of 31st March 2025, driven by a highly skilled and professional team. CleanMax is a Brookfield backed company. Focused on being the sustainability & net-zero partner of choice for corporates, CleanMax provides diverse solutions, including rooftop solar projects, solar farms, wind farms and wind-solar hybrid farms to its customers, and has further expanded its portfolio to include renewable energy certificates as well. We serve over 500 distinct corporates as on 31st March 2025. CleanMax’s solutions are aimed to comprehensively help accelerate its customers’ shift to clean energy. Companies across industries such as Data Centres, Textiles, Automotive, Chemicals, FMCG, Pharma, Manufacturing have relied on CleanMax as their Net Zero Solutions provider.
About Toyota Tsusho India Private Limited
Toyota Tsusho India Private Limited, a member of the Toyota Tsusho Group operates in seven business segments i.e. metals, circular economy, supply chain, mobility, green infrastructure, digital solutions and lifestyle services. Renewable energy and energy management is one of the key focus domains in Toyota Tsusho Group’s growth strategy. As one of Japan’s largest developers in the renewable energy sector, Toyota Tsusho Group has a presence in the Americas, EMEA, and APAC, with total assets surpassing 4 GW. The group is committed to its mission of passing on a better Earth to the children of the future and is dedicated to accelerating initiatives for the adoption and expansion of renewable energy in India and globally.
