CleanMax Plans Rs.50,000 Crore Investment in Andhra Pradesh
CleanMax Enviro Energy Solutions Limited has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) under the Government of Andhra Pradesh to invest approximately Rs.50,000 crore in establishing a comprehensive clean energy facility to support a 2 GW Green Compute Factory in the region.
The suggested investment will integrate renewable energy production, energy storage, and specialized power distribution systems to fulfill the expanding electricity needs of large computing operations.
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According to the agreement, CleanMax intends to establish 3 GW of renewable energy production capacity through wind and solar initiatives, in addition to 1 GW of pumped hydro storage systems. The clean energy system will provide power to the Green Compute Factory being created in partnership with Neysa, an artificial intelligence (AI) cloud service. Neysa will lead the project with an initial IT capacity of 1 GW.
The Green Compute Factory is set to be in the Kurnool district of Andhra Pradesh. CleanMax will handle the development of the power infrastructure and guarantee electricity supply to the facility. The suggested integrated energy system will merge wind and solar power generation with pumped hydro and battery energy storage systems (BESS) to ensure a dependable power supply day and night.
The firm states that wind and solar initiatives will produce electricity at varied times throughout the day and year, while pumped storage and battery systems will aid in stabilizing variations in renewable energy production.
CleanMax will additionally create its own distribution network to provide 24/7 clean electricity straight to the computing facility. The model is structured to coordinate energy production, storage, and distribution with the factory's electricity needs starting from the planning phase.
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The initiatives will be executed in stages, aiming to have at least 1.5 GW of renewable energy capacity planned for commissioning by 2029. For the distribution of electricity in the Green Compute Factory, a special purpose vehicle (SPV) run by CleanMax will seek a distribution licence from the Andhra Pradesh Electricity Regulatory Commission (APERC). This will allow for the creation of a specialized power distribution network inside the facility.
The organization also emphasized actions to decrease the water usage at the facility. The Green Compute Factory will implement direct-to-chip cooling solutions and utilize water designated for industrial use by the local authorities.
In addition to the energy investment, CleanMax has detailed various social responsibility projects. This involves enhancing infrastructure at nearby primary schools and Anganwadis in collaboration with United Way of Hyderabad. The organization will partner with Pratham Education Foundation to train local young people for initial job prospects in computer facilities. Training programs will also aim at final-year students in nearby industrial training institutes and engineering colleges, emphasizing advanced cooling and power systems.
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In addition, Neysa will offer computing resources to prominent research institutions in Andhra Pradesh. Discussing the issue, Kuldeep Jain, Founder and Managing Director of CleanMax, stated that the increasing demand for computing necessitates access to clean electricity around the clock. He emphasized the significance of merging renewable generation, storage, and distribution with computing infrastructure.
The suggested investment bolsters Andhra Pradesh’s goals to lure significant digital infrastructure while promoting renewable energy progress and job creation in the region.