CleanMax and Osaka Gas Establish Joint Venture to Accelerate India’s Green Energy Transition

Key Information: CleanMax is a leading renewable energy company in Asia, specializing in the commercial and industrial sectors, with 2 GW of operational assets spread across India, the Middle East, and Thailand. Osaka Gas Co., Ltd., a Japanese gas provider, serves the Kansai region, particularly the Keihanshin area. Main Points: CleanMax and Osaka Gas have launched CleanMax Osaka Gas Renewable Energy (CORE), a venture focused on developing wind-solar hybrid solutions in India. CORE’s first project will involve a 400 MW capacity in Karnataka, with 300 MW already operational, requiring a total investment of Rs 1,500 crore. Background: CleanMax, backed by Brookfield, has partnered with Japan’s Osaka Gas to create a joint venture aimed at assisting India’s corporate sector in its transition to clean energy. This new entity, CleanMax Osaka Gas Renewable Energy (CORE), will concentrate on wind-solar hybrid energy projects, starting with a 400 MW portfolio in Karnataka. Read More: https://themanufacturingindia.com/