Facebook signs first deal to acquire renewable energy in India

Facebook signs first deal to acquire renewable energy in India

The logo of Facebook Inc. sits on an Apple Inc. iPhone smartphone in this arranged photograph in London, U.K., on Monday, Aug. 20, 2018. Photographer: Jason Alden/Bloomberg

Facebook has signed a deal to buy renewable energy in India from a local firm’s wind power project, the social media giant’s first such deal in the South Asian nation, the companies said on Thursday.

The 32 megawatt wind power project, located in southern Karnataka state, is part of a larger portfolio of wind and solar projects that Facebook and Mumbai-based CleanMax are working together on for supplying renewable power into India’s electrical grid, they said in a joint statement.

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