Industry Analysis

CleanMax Solar bags the ‘Star of the Industry Award 2018’

CleanMax Solar, India’s most trusted sustainability partner for corporates, was awarded the “Star of the Industry Award 2018” organized by World CSR and ET Now under the category of “Best Green Energy Efficiency Initiative”. Additionally, Kuldeep Jain, Founder and Managing Director for CleanMax Solar has been awarded under the category of ‘Best Green Entrepreneur of the Year.’ CleanMax Solar has won this award due to its pioneering efforts to help corporates and social institutions achieve their first sustainability aspirations.

The ‘Star of the Industry Award 2018’ by ET Now and World CSR recognises companies and entrepreneurs who have disrupted the market and brought about a sustainable change. Apart from helping corporates adopt solar energy, CleanMax Solar in 2012 brought about the groundbreaking ‘Energy-Sale’ model in rooftop solar Industry which has been a major catalyst in private sector adoption of solar power. Recently, this model has been adopted by other developers, and central and state governments, in powering corporates and institutions with solar power. This adoption of solar power reduces dependency on fossil fuel based power generation, thereby abating carbon emissions. CleanMax Solar’s cumulative average growth rate (CAGR) of solar volumes since F.Y. 2016 has been 86 per cent, and its average rooftop market share is around 20 per cent for the past 4 years. The company’s operating capacity has increased by 300 per cent in the last 2 years, and all of this has been accomplished under the leadership of Kuldeep Jain.

On receiving this award, Kuldeep Jain, Founder and Managing Director, CleanMax Solar, said “We are extremely honored to receive not one but two prestigious “Star of the Industry Awards 2018”. I am grateful for the recognition that my company and I have received in our endeavour to pave the way for a sustainable future for India and the world. I started CleanMax Solar with a vision to become a sustainability partner of choice for corporates, and to enable the use of solar energy for a greener future. Today, witnessing the vision take shape and being acknowledged for the effort of the entire team at CleanMax Solar is a great encouragement to continue working towards this vision.”

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