Meta & CleanMax Announce 900 MW+ Renewable Energy Partnership

Key Highlights • Meta Platforms and CleanMax have expanded their renewable energy partnership in India to over 900 MW. • CleanMax will develop and operate 837 MW of new solar and wind projects across Rajasthan and Karnataka. • Including previously announced projects, the total partnership now exceeds 900 MW of renewable energy capacity. • Meta will purchase 100% of the environmental attributes associated with these projects. Strategic Significance • Supports Meta's commitment to match 100% of its electricity consumption with renewable energy. • Strengthens CleanMax's position as a leading provider of renewable energy solutions for large corporate customers. • Contributes to India's renewable energy expansion and decarbonization efforts. What It Means • Demonstrates growing demand from global corporations for clean energy procurement. • Provides long-term revenue visibility for renewable energy developers through corporate power agreements. • Reinforces the trend of technology companies driving large-scale renewable energy investments. Learning Outcome Corporate renewable energy partnerships are becoming an important growth driver for clean energy developers, creating long-term demand for solar and wind projects while supporting sustainability goals.