Table Space and CleanMax announce renewable energy partnership

Synopsis

The partnership establishes dedicated renewable energy capacity for Table Space's enterprise-grade managed office portfolio in Karnataka, directly reducing the carbon footprint for over 5,00,000 square feet of office space.

CleanMax’s mission is to be the net-zero partner to corporates looking to cut-down on their carbon footprint

Table Space, one of India's leading providers of enterprise-grade managed office solutions, has signed a long-term Power Purchase Agreement with CleanMax for a 2.7 MWp Group Captive Solar project in Karnataka.

According to a statement, the project will supply solar power to Table Space's managed office centres in the state upon commissioning. As part of the arrangement, Table Space will retain the environmental attributes generated by the project as part of its decarbonization journey.

CleanMax is a leading commercial and industrial renewable energy player and has developed and operated the project under the partnership.

Table Space holds its facilities to sustainability standards that directly benefit the enterprises that operate within them. Global corporations and domestic businesses alike are increasingly required to account for the energy consumed at various stages of their operations, including, in some cases, in the offices they occupy. Renewable energy procured under the Group Captive structure by partnering with CleanMax would mean that the power supply to a Table Space centre in the state is clean, measurable, and operationally embedded, a direct contribution to an occupier's carbon emission accountability.

“At Table Space, we believe sustainability is becoming a defining pillar of enterprise infrastructure. As enterprises place greater emphasis on reducing the environmental impact of their operations, the workplace has an increasingly strategic role to play. Partnering with CleanMax is our way of putting that belief into practice by ensuring the energy that powers our facilities is clean, captive, and purpose-built for our centres. This partnership is a step in strengthening the sustainability of our operations while helping our enterprise clients advance their own environmental goals," said Kunal Mehra, President & Co-CEO, Table Space in a statement.

“CleanMax’s mission is to be the net-zero partner to corporates looking to cut-down on their carbon footprint. Table Space’s approach to sustainability & renewable energy reflects a level of seriousness in the commercial real estate sector. By opting for these well-designed renewable energy solutions, they are making a commitment that is operationally embedded and directly accountable. This partnership establishes renewable energy infrastructure that is purpose-built for their facility, and we are pleased to be the partner they have chosen to build it with.” said Kuldeep Jain, Founder and MD, CleanMax in the statement.