CleanMax to invest ₹50,000 crore in Andhra Pradesh clean energy complex
The renewable energy provider will develop wind, solar and hydro facilities to power a green compute factory in Kurnool.
Clean Max Enviro Energy Solutions Limited has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to invest nearly ₹50,000 crore in an integrated clean energy complex. According to reports from Tripura Star News and Business Standard, the project will establish 3 GW of wind and solar energy generation alongside 1 GW of pumped hydro facilities.
The energy will supply a 2 GW Green Compute Factory located in the Kurnool district. This facility is being developed in partnership with AI cloud provider Neysa, which will provide a 1 GW IT load. CleanMax will manage the power infrastructure, including generation, storage and distribution.
To ensure round-the-clock supply, the company will use battery energy storage systems (BESS) and pumped storage to balance the intermittent nature of wind and solar power. A special purpose vehicle owned by CleanMax will seek a distribution licence from the Andhra Pradesh Electricity Regulatory Commission (APERC) to run a dedicated network for the park.
The project will be implemented in stages, with a target to commission at least 1.5 GW of renewable capacity by 2029. The compute factory is expected to use direct-to-chip cooling technology to minimise water usage, drawing from industrial water supplies allocated by the local administration.
Kuldeep Jain, Founder and Managing Director of CleanMax, said that compute is becoming a major source of power demand requiring constant clean energy. He noted that the state's resources and policy framework make it suitable for this integrated model.