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Green power can push electricity costs in India down by as much as 40% says operator, as hyperscale construction rush gains pace.
Founder and Editor, The Tech Capital
August 05, 2021 | 12:00 AM BST
Indian operator RackBank Datacentres has entered into a memorandum of understanding (MOU) with renewable energy company ReNew Power which will supply power generated from renewable sources to RackBank’s hyper-scale data centre in the country.
Under the terms of the MOU, ReNew will construct, own and operate a wind-solar hybrid power generation facility specifically to supply power to RackBank’s facilities.
RackBank would purchase power generated from this facility directly from ReNew, through a so-called “open access” mechanism, the business said.
The MOU also provides for the offsetting of non-renewable power consumed by RackBank’s data centres through green credits purchased through ReNew, ensuring RackBank’s data centres operate on a net-zero emissions basis.
The project will be carried out and managed by ReNew Green Solutions, ReNew Power’s recently launched B2B arm.
Sumant Sinha, founder, chairman, and CEO of ReNew Power, said: “All responsible organisations should come together to scale up clean tech innovations and commit to becoming a net zero company.
“As India’s leading renewable energy company, ReNew continuously supports numerous companies in achieving their carbon emission reduction targets. We congratulate RackBank for embarking on this journey and look forward to our partnership.”
RackBank is currently building 500MW of data centre power at its Chennai GigaCampus project. The site, which spans across over 40,000 square meters of land, is being built at capital commitment of US$1.2 billion. The company has also plans to build facilities in Mumbai, Delhi, Pune, and Hyderabad.
Narendra Sen, CEO of RackBank, said: “We are proud to build India’s first green data centre and are excited to partner with ReNew Power for clean power procurement. This initiative is one of the major check posts for RackBank’s vision of sustainable future, along with the several other green initiatives previously taken by our company.
“RackBank Hyperscale platform will enable 100% clean energy for our data centres and through this partnership we can able to reduce 30% power cost compared to power consumption directly from Grid”
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