CleanMax signs MoU with Andhra Pradesh Economic Development Board

Clean Max Enviro Energy Solutions signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB), Government of Andhra Pradesh. Under the MoU, CleanMax proposes to invest nearly Rs 50,000 crore to develop integrated power generation facilities aggregating 3 GW of clean energy across wind and solar energy and 1 GW of pumped hydro facilities. These will be used to supply a Compute Factory being set up in collaboration with Neysa, with CleanMax responsible for the power infrastructure and supplies.

CleanMax will bring generation, storage and distribution together in one integrated clean energy system where Wind and solar projects will generate power at different times of the day and year, while pumped storage and BESS (electrical) storage will provide the balancing of supply needed to meet round-the-clock demand. CleanMax's own distribution network will deliver round-the-clock power to the 2 GW Green Compute Factory. The integrated model aligns energy generation to compute demand with dedicated clean energy, from planning stage through project lifecycle.

The Green Compute Factory will be developed in the Kurnool district of Andhra Pradesh. CleanMax has signed an MoU with Neysa, an AI cloud provider, which will anchor the park with 1 GW of IT load.

The projects will be developed in phases, with at least 1.5 GW of renewable capacity proposed to be developed by 2029.

Kuldeep Jain, Founder and Managing Director, Clean Max Enviro Energy Solutions, said, ?Compute is becoming one of the largest new sources of power demand, and it needs clean energy that is available every hour of the day. In Andhra Pradesh, we are planning generation, storage and distribution integrated with the compute load they serve, rather than one after the other. Andhra Pradesh's clean energy policy framework and its strong wind and solar resources make it the right place to build this model at scale.?