UPL, CleanMax partner for new renewable energy project in Gujarat
UPL Ltd., a global provider of sustainable agricultural solutions, announced a joint venture with CleanMax Enviro Energy Solutions (CleanMax), a Mumbai-based renewable energy company, on Thursday to establish a hybrid solar-wind energy power plant in Gujarat.
UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 MW of wind power. Combining two of the fastest growing renewable energy technologies, this project will enable UPL to increase its renewable energy usage to 30% of its total global power consumption (against 8% currently).
Kuldeep Jain, Founder & Managing Director, CleanMax said, “This 61.05 MW captive wind solar hybrid project is a part of a larger wind solar hybrid farm developed by CleanMax in Gujarat. The overall capacity of the CleanMax wind solar hybrid farm stands at over 400 MW; comprising 230 MW wind and 180 MW solar; leading to carbon abatement of 8.75 Lakh tonnes of CO2 equivalent per annum.”
Jai Shroff, Global CEO of UPL, said, “We look forward to welcoming CleanMax to our OpenAg network through this partnership and are excited to be joining India’s green energy wave.”