CleanMax’s AI, data center power portfolio surges 10x in two years as AI hyperscaler demand booms: Analysts

NEW DELHI: Homegrown renewable energy (RE) company CleanMax is strategically positioned to benefit from accelerating adoption of artificial intelligence (AI) in the country, and the resulting surge in data center power demand, according to analysts.

The Mumbai-headquartered firm has already established a significant presence in the data center and AI sector, they added, underscoring that governments, such as in Gujarat and Andhra Pradesh, have mandated green energy sourcing to be eligible for state incentives which will offer tailwinds to renewable energy providers.

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