ReNew Power and RackBank Datacenters Limited have signed a memorandum of understanding to power the country’s first hyper-scale data centre with 100 per cent renewable energy.
Following the signing of a power purchase agreement (PPA) with RackBank, ReNew will supply power generated from renewable sources to RackBank’s hyper-scale data centre in India. ReNew will construct, co-own, and operate a hybrid power generation facility specifically to supply power to RackBank’s data centre. Through the open access mechanism, RackBank will purchase green power generated at this facility directly from ReNew. RackBank is a data centre platform that offers services such as dedicated servers, managed servers, and colocation.