Facebook announces first deal to buy renewable energy in India
New Delhi: Facebook on Thursday announced a deal with Mumbai-based clean energy firm CleanMax for a 32MW wind power project in Karnataka.
As part of the deal — the first of its kind for Facebook in South Asia — CleanMax will own and operate the project, while the social media giant will buy the power off the grid using environmental attribute certificates.
“This partnership with CleanMax will enable new solar and wind power to be generated in the near future, contributing to the decarbonization of the Indian electrical grid,” said Urvi Parekh, head of renewable energy at Facebook. About half of the project capacity has already been commissioned and is generating power.
