India's data center boom creates new engine for renewable energy – Nikkei Asia

Large power needs increase bankability for battery-backed solar and wind projects
The rapid expansion of data centers in India — which are expected to consume about 3% of the country’s total electricity by 2030 — is changing the way renewable developers think about new projects. (Source photos by Reuters)
BENGALURU — India's push to become a major hub for artificial intelligence is creating a massive opportunity for the country's renewable energy industry, as data center companies need enormous amounts of electricity and are willing to sign long-term contracts for it.

source

This entry was posted in Renewables. Bookmark the permalink.

Leave a Reply