APM Terminals Pipavav signs renewable energy deal with CleanMax
APM Terminals Pipavav has entered a 25-year power purchase agreement (PPA) with Brookfield-backed CleanMax to source renewable energy from a hybrid wind-solar project in Gujarat. The hybrid project includes 3.50 MW of wind and 1.06 MWp of solar capacity under a third-party open-access model, developed in two phases. Phase one, launched in January 2022, delivered 2 MW of wind and 0.50 MWp of solar capacity. Phase two, commissioned in September 2024, added 1.50 MW of…