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CleanMax boosts capacity to 3.0 GW as EBITDA climbs 33% on surging data and AI demand

Story Highlights
  • CleanMax expanded operational capacity to 3.0 GW, driving a 33% EBITDA rise and a strong INR 1,800 crore annualised earnings run-rate from energy sales.
  • Total contracted capacity surged to 5.7 GW, fuelled by data and AI clients now contributing 42% of volumes and underpinned by disciplined, near-budget project execution.
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Clean Max Enviro Energy Solutions Limited ( (IN:CLEANMAX) ) has issued an announcement.

CleanMax reported strong operational and financial momentum for the first nine months of FY 2026, highlighted by 33% EBITDA growth and rapid expansion of its renewable portfolio. The company’s operational energy sales capacity has reached 3.0 GW, supporting an annualised EBITDA run-rate of about INR 1,800 crore from energy sales alone, while total contracted energy sales capacity has scaled to 5.7 GW.

During the first 11 months of FY 2026, CleanMax commissioned 1.3 GW of new capacity, mostly solar, across seven Indian states, and plans to bring the remaining 2.7 GW of contracted capacity online over the next 24 months. Demand from the data and AI sector has emerged as a key growth engine, now accounting for 42% of contracted capacity, and the company has complemented its core energy sales with an additional 0.5 GW of operational RE services and 0.75 GW contracted in that segment.

The company also holds a 4.8 GW mid- and early-stage power evacuation pipeline yet to be tied to customers, underscoring future growth potential. Execution discipline remains a differentiator, with the 1.3 GW incremental capacity delivered at about 97% of budgeted cost, consistent with its track record of building projects at 95–98% of sanctioned costs over the past three fiscal years.

More about Clean Max Enviro Energy Solutions Limited

Clean Max Enviro Energy Solutions Limited, which operates under the brand CleanMax, is India’s largest renewable energy provider to the commercial and industrial (C&I) sector. The company develops and operates solar and wind projects, supplying energy directly to corporate clients and offering renewable energy services where assets are owned by C&I customers. A growing share of its contracted capacity now serves data centre and AI-related power demand, positioning it at the centre of the energy transition for digital infrastructure.

Average Trading Volume: 125,423

For detailed information about CLEANMAX stock, go to TipRanks’ Stock Analysis page.

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