PDG invests in captive solar project developed by TPREL in Nanded, Maharashtra
Mumbai | 7 June, 2023 –Princeton Digital Group (PDG), Asia’s leading data center provider, today announced that it has signed a renewable Power Consumption Agreement (PCA) with a subsidiary of Tata Power Renewable Energy Limited (TPREL), one of India’s largest renewable energy companies. Under the agreement, PDG’s MU1 data center in Airoli, Mumbai will consume power generated by a solar project located in Nanded district, Maharashtra. The project is a captive development with investment from both companies that will provide PDG’s MU1 its first phase of renewable energy. The project will commence generation in steps starting 1st June 2023.
The long-term agreement will enable PDG to take a meaningful step towards digital decarbonization by establishing a roadmap for its MU1 data center to be powered with up to 50% renewable energy.
“Cloud and digital adoption continue to surge in India leading to unprecedented growth in digital infrastructure. This gives us an opportunity to make long term decisions that not only fosters growth and innovation but also solves for sustainability,” said Vipin Shirsat, Managing Director, India, PDG. “Our agreement with Tata Power enables us to offer world class sustainable data center services to our customers by substituting a substantial part of conventional energy with renewable energy. This partnership is testament to PDG’s commitment to work towards achieving Net Zero for our Scope 1 and Scope 2 emissions by 2030”.
Sustainability is a core business focus for PDG. The company’s environment strategy is driven by procurement of renewable energy, energy and resource efficiency, green design and construction and Technology and innovation. As a multi-country operator in Asia, PDG is working with leading renewable energy companies in the region to transition its portfolio of data centers from conventional power to low or zero carbon energy options.
“We are excited to announce our association with Princeton Digital Group. Through this agreement, we re-affirm our mission of offering reliable green energy solutions that are specially designed to varying requirements of our commercial and industrial customers. This association will help PDG reduce their carbon footprint and enable their MU1 data center to adopt renewable energy solutions. TPREL is committed to making sustainable energy attainable via such industry collaborations. We look forward to continuing our association with PDG as the company grows its footprint in India,” said Mr. Ashwinikumar Patil, Chief – O&M & CSR, Tata Power Renewable Energy Limited & CEO, WREL.
In December 2022, PDG launched the first phase of its MU1 data center, providing 48 MW of critical IT capacity across two buildings. The data center is Mumbai’s first IGBC Platinum certified facility, a premium green data centre certification and India’s first Open Compute Project (OCP) Ready certified facility. It is also an Uptime Tier III certified facility.
MU1 also received the Royal Society for the Prevention of Accidents (RoSPA) 2023 Gold Award for health and safety performance.
About Princeton Digital Group
Princeton Digital Group (PDG) is a leading developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in China, Singapore, India, Indonesia, Malaysia and Japan, its portfolio of data centers powers the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia. For more information, visit www.princetondg.com or follow us on LinkedIn.
About Tata Power Renewable Limited:
Tata Power Renewable Energy Limited (“TPREL”) is a subsidiary of The Tata Power Company Limited and is one of the country’s most significant renewable energy players. TPREL is a developer of renewable energy projects (including solar, wind, hybrid, round-the-clock (RTC), peak, floating solar, and storage systems including battery storage) that it owns, operates, and maintains. It also offers comprehensive green energy solutions for rural and urban areas like turnkey, EPC and O&M solutions for various business segments like utility-scale projects, solar rooftop, and solar pump systems. Along with its extensive portfolio of renewable solutions, it has a state-of-the-art solar cell and module manufacturing plant of 1.2 GW in Bengaluru and plans to set up a Greenfield 4 GW solar cell and 4 GW solar module plant. In addition, TPREL also provides electric vehicle (EV) charging solutions across various segments and other advisory solutions across the renewable sector.
As on date, TPREL’s total renewable utility capacity is 6,788 MW including 2,871 MW projects under various stages of implementation and its operational capacity is 3,917 MW, which includes 2,989 MW solar and 928 MW wind. Presently, the company’s solar EPC portfolio is more than 11.5GWp of ground-mount utility-scale, over 1.6 GW of rooftop and distributed ground-mounted systems, and over 97,000 solar water pumps. TPREL aims to provide energy access to millions of people across the country via its integrated green energy solutions. Know more: www.tatapowersolar.com