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CleanMax shares witnessed strong buying interest on Wednesday, June 10, 2026, surging nearly 15% in intraday trade after the company announced a significant renewable energy partnership with Meta to develop approximately 900 MW of clean energy capacity in India.
As of 11:10 AM (IST), CleanMax shares were trading sharply higher after touching an intraday high of ₹1,421.20, compared to the previous closing price of ₹1,232.40. The stock opened at ₹1,350 and climbed to a fresh 52-week high of ₹1,421.20 during the session.
Based on the previous close of ₹1,232.40 and the day's high of ₹1,421.20, the stock gained approximately 15.32% intraday.
CleanMax Partners with Meta for Large Renewable Energy Development
CleanMax announced a major clean energy collaboration with Meta that will support the development of 837 MW of new solar and wind energy projects across Rajasthan and Karnataka. The overall partnership represents approximately 900 MW of renewable energy capacity.
The initiative forms part of Meta’s broader strategy to match its electricity consumption with 100% renewable energy while reducing value chain emissions in one of its fastest-growing markets.
Under the agreement, CleanMax will develop, own, and operate the renewable energy assets. Meta will purchase 100% of the environmental attributes generated by these projects, reinforcing its commitment to sustainability and clean energy adoption.
Strengthening Long-Term Renewable Energy Collaboration
The latest agreement further strengthens the relationship between CleanMax and Meta while highlighting the increasing adoption of corporate renewable energy procurement models in India.
Kuldeep Jain, Founder and Managing Director of CleanMax, stated that the partnership reflects the growing importance of renewable energy in powering digital infrastructure and artificial intelligence. He added that large-scale clean energy projects can simultaneously support sustainability objectives and economic growth.
Amanda Yang, Head of Clean and Renewable Energy at Meta, said the agreements represent an important step in advancing the company's renewable energy goals in the region. She noted that Meta is pleased to continue working with CleanMax to strengthen India's clean energy ecosystem and support the country's energy transition.
Growing Demand for Renewable Energy Infrastructure
The partnership comes at a time when demand for data centers, digital infrastructure, cloud computing, and AI-driven technologies is expanding rapidly. As energy consumption rises, renewable energy is expected to play a crucial role in ensuring sustainable long-term growth.
The agreement also reinforces CleanMax's position as a leading provider of sustainability and renewable energy solutions for corporate clients seeking large-scale decarbonisation and clean energy procurement.
CleanMax share price Performance
At 11:10 AM, CleanMax shares recorded the following trading statistics:
- Previous Close: ₹1,232.40
- Open: ₹1,350.00
- Day's Low: ₹1,261.10
- Day's High: ₹1,421.20
- 52-Week Low: ₹727.10
- 52-Week High: ₹1,421.20
The stock's move to a fresh 52-week high reflects positive investor sentiment following the announcement of the large-scale renewable energy partnership with Meta.
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