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Facebook signs India’s first renewable energy purchase agreement

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Facebook has signed an agreement to buy renewable energy from a wind power project by the Mumbai-based company CleanMax. This is Facebook’s first such deal in this South Asian country.

Facebook logo at headquarters in Menlo Park, California, USA. Photo: AFP / VNA According to a joint statement by Facebook and CleanMax, the 32 MW wind power plant will be located in the state of Karnataka in southern India, as part of a larger project on wind and solar power that the two companies are working with. to provide renewable energy to the Indian power grid. CleanMax will own and operate the above projects, while Facebook will buy electricity from the Indian grid. Facebook’s head of renewable energy, Urvi Parekh, said the tech company usually does not own the power plants, instead signing a “long term” power purchase agreement with the renewable energy company. According to her, this will help projects find the necessary capital. India is currently Facebook’s largest market in terms of users. Meanwhile, in Singapore, Facebook has also announced similar partnership arrangements with energy suppliers such as Sunseap Group, Terrenus Energy and Sembcorp Industries, which can generate 160 MW of solar power. Power from these plants will be supplied to Facebook’s first data center in Asia and located in Singapore, the facility expected to come online next year. Last year, the International Energy Agency (IEA) said data centers were causing technology companies like Facebook to consume about 1% of all global electricity. Tech companies like Amazon, Alphabet Inc and Microsoft have pledged to move towards zero carbon emissions and achieve zero net emissions, amid demand for digital data and services. ants will increase steadily. Facebook CEO Mark Zuckerberg on April 15 announced that the company’s global operations are now run entirely on renewable energy and have reached zero net emissions.