India’s Sify Technologies acquiring 231 MW in Solar & Wind PPAs for Data Centers
Staff and Wire Report
Sify Technologies has signed power purchase agreements for a total of 231MW of solar and wind energy capacity with Vibrant Energy Holdings, a subsidiary of Blue Leaf Energy Asia, for its hyperscale data centers in India.
A total of 67 MW of solar PPA was signed in March 2021 and has been commissioned.
The PPAs will enable the firm to reduce its fossil fuel usage for its data center business and decrease its carbon footprint. It will soon be able to get most of its power for its data centers in Mumbai from renewable sources.
Raju Vegesna, Chairman, Sify said, "There is an intensifying narrative about adopting green energy. We decided to lead by action, as we always have done in the ICT space. With the constantly expanding need for world-class data center facilities to meet the burgeoning data-centric transformation of Indian businesses, we believe that investing in clean energy sources to fuel this transformation is a social imperative. Sify is proud to be doing its part to help our customers become a part of this clean energy future."
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M P Vijay Kumar, CFO, Sify, said, "As an early adopter of ESG guidelines, Sify has constantly pushed the envelope in the Data Center space. This shift to renewables will deliver clear economic advantages, but it is also about proving the viability of adopting green energy solutions at an industrial scale."
Estimates on global data center use have ranged from 200 terawatt hours (TWh) to 400 TWh annually. In the U.S., a data center may consume 100 MW power generation capacity and is forecast to use about 70 billion kilowatt hours (kWh) a year, according to reports.