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Case Code: LDEN154
Case Length: 12 Pages 
Period: 2011-2019   
Pub Date: 2020
Teaching Note: Available
Price: Rs.300
Organization : Self-owned
Industry :Energy
Countries : India
Themes: Entrepreneurship/ Environmental Sustainability/ Business Models/ Sustainable Innovation
Case Studies  
Business Strategy
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Human Resource Management
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Leadership & Entrepreneurship

CleanMax Solar-Promoting Clean Energy and Sustainability

 
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A NOTE ON CLEANMAX SOLAR

 

CleanMax Solar was founded in January 2011 by Jain in Mumbai, India. Jain had become an entrepreneur after leaving his employment at McKinsey & Company as the Head of the Energy and Corporate Finance Division. Initially, he started with production of energy through gas based cogeneration as gas prices were cheap and the cost of energy from solar rooftop power plant was higher than that of energy available in the local grid. In the next 12 months, by January 2012, gas prices had doubled and solar based energy prices had come down. Jain then decided to venture into solar based energy production as renewable energy was becoming cheaper by two to three percent every year... ...

 
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