Microsoft signs its first Indian solar deal

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
This project will bring Microsoft’s total global direct procurement in renewable energy projects to nearly 900MW. Credit: Microsoft

Microsoft has made its first solar energy deal in India, by agreeing to purchase power generated from 3MW of solar capacity operated by Atria Power for the US tech giant’s new office building in Bangalore, Karnataka, India.

Solar generation will meet 80% of the power needs of the building.

Earlier this month, Microsoft made its first clean energy deal in Asia by contracting Singapore-based clean energy firm Sunseap to set up the largest rooftop solar portfolio in Singapore to power the technology firm’s data centres. Various specialists in commercial and industrial (C&I) solar have previously said that they expect one third of renewable energy PPAs in Southeast Asia to be corporate in the next three-to-five years.

“Investing in local solar energy to help power our new Bangalore office building is good for Microsoft, good for India and good for the environment,” said Anant Maheshwari, president, Microsoft India. “We are proud to be deepening our long history of partnership and investment in India with this agreement. This deal will help us grow sustainably and supports the growth of the Indian solar energy industry, so that the entire country can more easily and reliably access clean electricity.”

“Microsoft, like India, has ambitious commitments to use more renewable energy,” said Rob Bernard, chief environmental strategist, Microsoft. “By purchasing local solar power to meet some of our local electricity needs, we’re not only meeting our goals but also supporting the growth of local clean energy industries.”

Once completed, this project will bring Microsoft’s total global direct procurement in renewable energy projects to nearly 900MW.

Microsoft’s goal is to rely on wind, solar and hydropower electricity for at least 50% of its energy usage worldwide by the end of 2018.

Read Next

September 28, 2021
Indian solar manufacturer Premier Energies has secured an INR 2 billion (US$27 million) investment from private equity firm GEF Capital Partners to support its planned increases in cell and module production.
September 27, 2021
A new support scheme from India’s government to boost the domestic manufacture of PV modules has seen 18 bidders submit 54.8GW of applications, according to consultancy JMK Research & Analytics.
September 20, 2021
A subsidiary of Indian utility Tata Power has received a letter of intent to set up a 250MW grid-connected solar project in the state of Maharashtra.
September 13, 2021
The Indian state of Tamil Nadu is planning to develop 4GW of additional solar projects as well as new battery energy storage systems, according to local media.
September 10, 2021
Independent power producer ReNew Power has commissioned a 250MW portion of a 300MW solar plant in the Indian state of Rajasthan.
September 6, 2021
India-based renewables developer Adani Green Energy has raised US$750 million through a green bond offer, securing the debt and equity needed to reach a 25GW renewables target.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events, Upcoming Webinars
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK
Solar Media Events
December 1, 2021