The tech giant, Facebook, has partnered with CleanMax, India’s leading renewable energy company to accomplish Facebook’s projects on sustainable development and renewable energy.
According to Urvi Parekh, Head of renewable energy at Facebook, “We’re excited to announce this important step that is helping us support our operations in the region, including our offices in India, with 100% renewable energy. This partnership with CleanMax will enable new solar and wind power to be generated in the near future, contributing to the decarbonization of the Indian electrical grid. Facebook is committed to upholding the highest standards in environmental sustainability across all aspects of our operations.”
What are the features of the Facebook-CleanMax partnership?
India’s electrical grid is one of the largest and densest power grids in the world. However, a major portion of this is fueled by coal which is a non-renewable source of energy. Moreover, the uncontrolled burning of coal causes excessive pollution that leads to climate change.
In the agreement, Facebook and Cleanmax have affirmed to design a chain of renewable sources of energy like solar and wind to power the country’s electricity grid. The projects will be established in Indian states where Facebook has established its facilities.
According to Andrew Hines, Co-Founder & Chief Commercial Officer, CleanMax, “We’re honoured to be working with Facebook in their journey towards sustainability in India. We have always strived to develop innovative solutions to help our clients achieve their 100% renewable ambitions. Given the constraints in sourcing power to many facilities, we are working with forward-thinking corporations like Facebook to find creative solutions to these problems”.
The first project that will be carried out in the series will consist of a 32MW wind project in the Indian state of Karnataka. The project will be owned ad handled by CleanMax. However, financial support will be offered by Facebook by buying 100% of the environmental attribute certificates (EACs) from the projects in future.
What is the significance of the Facebook-CleanMax partnership?
CleanMax has been the sustainability partner for several renowned companies across the continent. The company has professionals and skilled labours in India, Middle East and South-East Asia. The company has managed over 550 projects with an operational capacity of about 650MW in India, UAE and Thailand. By collaborating with Clean, Facebook to continue its global operations with net-zero emissions.
During the COVID-19 pandemic, the Indian government has taken several initiatives to achieve renewable energy targets. These include the following.
- Making solar plant O&M an essential service,
- Removing tariff caps for solar tends,
- PLU scheme
India is endeavouring to achieve the goal of 175 GW of installed renewable capacity by 2022. With the efforts of the government and companies like Facebook and CleanMax, the country will surely achieve the renewable energy target of 450 GW by 2030.
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