Highlights
CleanMax is going to take care of the operational side of the power projects.
Facebook has already struck similar deals in Singapore.
New Delhi: Striving to fulfil its ambitions of turning carbon neutral by 2030, Facebook has just signed a deal to buy renewable energy from Mumbai-based CleanMax, a homegrown clean energy firm. Notably, this is Facebook’s first such deal in India.
CleanMax will sell energy produced by its 32-megawatt wind power project located in southern Karnataka state to Facebook. Both companies will work together for many other similar projects. They are also planning to supply renewable power into India’s electric grid.