Facebook has signed its first deal to provide renewable energy in India. It’s partnership with Mumbai-based CleanMax will add 32 megawatts of renewable power to the South Asian country’s electrical grid.
The project will be located in southern Kamataka as part of a larger portfolio of wind and solar project that Facebook and CleanMax will be working together on.
A statement from both companies disclosed that CleanMax would own and operate the projects, while Facebook would buy the power off the grid using environmental attribute certificates, or carbon credits.
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Facebook does not own the power plants, but has signed ‘long term’ electricity purchasing agreements with the renewable power company, Facebook Head of Renewable Energy, Urvi Parekh, told newsmen.
In a separate event, Facebook Chief Executive Officer, Mark Zuckerberg, announced that his firm’s “global operations are now supported wholly by renewable energy that has now reached net-zero emissions.”
India is Facebook’s biggest market based on users.
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