Apple Invests 1 Billion Rupees to Advance 150 MW Renewable Energy Project in India

en.Wedoany.com Reported - Apple has announced a partnership with Indian renewable energy developer CleanMax, with an initial investment of 1 billion Indian rupees to drive the addition of over 150 megawatts of renewable energy capacity. This installed capacity can meet the annual electricity needs of approximately 150,000 Indian households, and the project plans to expand further in the coming years.

Previously, Apple had collaborated with CleanMax on multiple rooftop solar projects, providing 100 percent green electricity for its offices and retail stores across India. After forming a joint venture, the two parties have built a cumulative 14.4 megawatts of rooftop photovoltaic systems across six industrial sites. By unlocking key renewable energy financing channels, this model helps supply chain enterprises transition to clean energy and control energy costs, accelerating the implementation of renewable energy projects in India.

During the same period, Apple partnered with the non-profit organization Acumen to support early-stage entrepreneurs, providing catalytic grants to six green enterprises covering areas such as waste management, circular economy, sustainable consumption, and regenerative agriculture and livelihoods. In the direction of clean energy innovation, social enterprise Saptkrishi uses the low-cost storage solution Sabjikothi to help smallholder farmers reduce post-harvest losses; Yotuh Energy is developing electric refrigerated trucks to improve the cleanliness and efficiency of food and pharmaceutical transportation; and Mowo Fleet creates new income opportunities by empowering women to become electric vehicle drivers and operators.

Through this enterprise support program, Apple provides selected participants with mentorship, strategic guidance, technical assistance, and industry network resources, helping social entrepreneurs validate their business models and achieve scaled operations.

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