ReNew, Microsoft Seal 437.6 MW Green Energy Deal for Carbon Goals
POWER & RENEWABLE ENERGY

ReNew, Microsoft Seal 437.6 MW Green Energy Deal for Carbon Goals

In a significant advancement for India's renewable energy sector, ReNew signed a green attribute sale contract of 437.6 MW with Microsoft, aiming to generate over one million units of green electricity attributes annually. This strategic partnership highlights Microsoft's goal to achieve carbon negativity by 2030 and strengthens ReNew's dedication to promoting global decarbonisation efforts.

The agreement includes allocating approximately $15 million from the contract's revenue to a community fund. This fund will support environmental justice projects focusing on women?s livelihoods, energy access, rural electrification, and water quality improvement, especially in communities most affected by pollution and climate change. These initiatives will be carried out in collaboration with the ReNew Foundation, which is committed to fostering sustainable communities through targeted climate action.

Puneet Chandok, President of Microsoft India & South Asia, highlighted the dual benefits of the agreement, stating that Microsoft has set ambitious goals for renewable energy and decarbonisation. He noted that this agreement with ReNew not only accelerates Microsoft's progress toward these goals but also benefits local communities through projects such as rural electrification and efforts to improve women?s livelihoods. Chandok emphasized that Microsoft is taking a holistic approach by advancing its climate objectives while equipping the ecosystem with necessary technology to build a more resilient future.

In a significant advancement for India's renewable energy sector, ReNew signed a green attribute sale contract of 437.6 MW with Microsoft, aiming to generate over one million units of green electricity attributes annually. This strategic partnership highlights Microsoft's goal to achieve carbon negativity by 2030 and strengthens ReNew's dedication to promoting global decarbonisation efforts. The agreement includes allocating approximately $15 million from the contract's revenue to a community fund. This fund will support environmental justice projects focusing on women?s livelihoods, energy access, rural electrification, and water quality improvement, especially in communities most affected by pollution and climate change. These initiatives will be carried out in collaboration with the ReNew Foundation, which is committed to fostering sustainable communities through targeted climate action. Puneet Chandok, President of Microsoft India & South Asia, highlighted the dual benefits of the agreement, stating that Microsoft has set ambitious goals for renewable energy and decarbonisation. He noted that this agreement with ReNew not only accelerates Microsoft's progress toward these goals but also benefits local communities through projects such as rural electrification and efforts to improve women?s livelihoods. Chandok emphasized that Microsoft is taking a holistic approach by advancing its climate objectives while equipping the ecosystem with necessary technology to build a more resilient future.

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?