Microsoft inks renewable energy deal for Bengaluru facility
Team Udayavani, Mar 6, 2018, 4:23 PM IST
New Delhi: Tech giant Microsoft today said it has inked its first renewable energy deal in India for powering its new facility in Bengaluru.
The agreement will see Microsoft purchase 3 megawatts of solar-powered electricity from Atria Power for its new office building in Bengaluru, meeting 80 per cent of the projected electricity needs at the facility, Microsoft said in a statement.
The company, however, did not disclose the financial details of the deal.
The facility, which will be operational starting June, is spread over 5.85 lakh sq feet.
The Karnataka government is encouraging investments in local solar energy operations, in line with the country’s goal of ramping up solar power generation to 100 gigawatts by 2022.
Once completed, the project will bring Microsoft’s total global direct procurement in renewable energy projects to nearly 900 megawatts.
“Investing in local solar energy to help power our new Bengaluru office building is good for Microsoft, good for India and good for the environment,” Microsoft India President Anant Maheshwari said.
He added that this deal will help the company grow in a sustainable manner and also support the growth of the Indian solar energy industry.
This is Microsoft’s first solar energy agreement in India, and one of the first ones in the Asian region. The Redmond-based firm completed a new solar agreement in Singapore last week.
The deals in Asia follow wind projects in Europe and a substantial portfolio in the US. Microsoft’s goal is to rely on wind, solar and hydropower electricity for at least 50 per cent of its energy usage worldwide by the end of 2018.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Elon Musk in Beijing amid efforts to promote Tesla’s autonomous driving tech
Corporate earnings, US Fed interest rate decision to drive markets in holiday-shortened week: Analysts
Pune court asks police to probe bribery allegations against IT major Cognizant
Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business
Nifty, Sensex rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%
MUST WATCH
Latest Additions
Former minister H D Revanna booked in sexual harassment, stalking case
Reservation row: Congress campaign ‘biggest lie’ of the decade, says Kishan Reddy
BJP trying religious polarisation in Nagaon: Congress candidate Pradyut Bordoloi
Vijayapura: Tragedy at Lachyana Maharathotsav – 2 dead, one injured after being crushed by chariot
3 arrested for ATM manipulation in Delhi