ReNew Power has signed a memorandum of understanding (MoU) with RackBank Datacenters to provide renewable power to the company’s hyper-scale data centre in India.
The company will construct, co-own, and operate a hybrid power generation facility specifically to supply power to RackBank’s data centre. RackBank will purchase green power generated from this facility directly from the company.
The MoU also details the offsetting of non-renewable power consumed by the data centre through green credits purchased from the company, ensuring that the data centre operates on a completely net-zero emissions basis.
“The MoU between ReNew Green Solutions and RackBank reflects the commitment that responsible corporates are showing to shift towards cleaner energy sources to power their businesses,” Sumant Sinha, CEO of ReNew Power, said. “ReNew Power has been a pioneer in the renewable energy space and it has always been our endeavour to support firms looking to reduce their carbon footprint.”