In a major boost to India’s clean energy transition, CleanMax, a Brookfield-backed renewable energy leader, has entered into a long-term strategic partnership with Toyota Tsusho India Private Limited (TTIPL), the Indian arm of Toyota Tsusho Corporation, Japan. The collaboration aims to develop and operate 300 MW of renewable energy projects by March 2028, specifically tailored for the Commercial and Industrial (C&I) sector.
The newly formed partnership platform will focus on delivering customised renewable energy solutions to corporates in India, especially Japanese firms, including those under the Toyota Group umbrella. Through Corporate Power Purchase Agreements (CPPAs), the entity will offer rooftop solar, ground-mounted solar or wind projects, wind-solar hybrids, and carbon credit solutions to help companies decarbonize their operations.
The partnership with Toyota Tsusho is a prestigious landmark for us,” said Kuldeep Jain, Founder & Managing Director of CleanMax. “We’re delighted to support their journey in India with the aim to enable Japanese corporates, including the Toyota Group, to reach their net-zero goals. This also strengthens CleanMax’s capital-efficient growth strategy through global collaborations.
Nobuaki Yahiro, Managing Director of TTIPL, added, “This initiative is a strategic step to enable decarbonization for our group and partners in India. Our partnership with CleanMax will ensure the availability of reliable, long-term renewable power, aligning with our shared vision for sustainability.
The collaboration strategically combines CleanMax’s execution expertise and renewable project portfolio with Toyota Tsusho’s robust network among Japanese businesses in India’s industrial corridors. It is designed to facilitate cost-effective, scalable green energy adoption, contributing directly to India’s and Japan’s shared climate commitments.
The move reflects a broader trend of international corporations actively participating in India’s renewable energy ecosystem, using it as a hub to meet both local energy needs and global net-zero targets.
