The company will develop integrated wind, solar and pumped hydro facilities to power a compute factory in Kurnool.
Clean Max Enviro Energy Solutions has committed to investing nearly Rs 50,000 crore in Andhra Pradesh to build integrated power generation facilities, according to reports from The Economic Times and BusinessLine. The company signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to develop these facilities.
The project involves creating 3 GW of clean energy through wind and solar power, alongside 1 GW of pumped hydro storage. This infrastructure is intended to supply a 2 GW Green Compute Factory being established in the Kurnool district in collaboration with AI cloud provider Neysa.
The development will occur in stages, with a target to have at least 1.5 GW of renewable capacity ready by 2029. To manage the power, a special purpose vehicle owned by Clean Max will seek a distribution licence from the Andhra Pradesh Electricity Regulatory Commission (APERC) to provide a dedicated network for the factory.
Founder and Managing Director Kuldeep Jain said that compute is becoming a major source of power demand requiring constant clean energy. He noted that the state's policy framework and natural resources make it an ideal location to integrate generation, storage and distribution at scale.
