Apple signs 150MW renewable power purchase agreement with CleanMax in India
Type: Ppa · Technology: Solar · Country: India · Capacity: 150 MW · Announced: 2026-05-11
Apple entered a 150MW renewable power purchase agreement with CleanMax to source clean energy for its operations in India. The deal includes an initial investment of INR 100 crore ($11.83 million) by Apple to support the development of new renewable capacity. This agreement builds on a long-standing relationship between the two companies, which previously collaborated on multiple rooftop solar projects powering Apple's office and retail stores in the country. CleanMax will develop the renewable energy capacity, while Apple will purchase the generated power under the long-term PPA. The transaction reinforces Apple's commitment to achieving 100% renewable energy across its global operations.
Analysis
Apple signed a 150MW renewable power purchase agreement with CleanMax in India, with an initial investment of INR 100 crore ($11.83 million) to support the development of new renewable capacity. Apple's infrastructure investments primarily focus on powering its operations with renewable energy and ensuring efficient data center operations. CleanMax will develop the renewable energy capacity, while Apple will purchase the generated power under the long-term PPA. The agreement was announced on 2026-05-11. The deal is part of Apple's commitment to achieving 100% renewable energy across its global operations, building on a long-standing relationship between the two companies, which previously collaborated on multiple rooftop solar projects powering Apple's office and retail stores in India.
Key points
- 150MW renewable power purchase agreement
- INR 100 crore ($11.83 million) initial investment
- Announced on 2026-05-11
- Long-term PPA for Apple's operations in India