Energy: India's data center boom creates new engine for renewable energy
Large power needs increase bankability for battery-backed solar and wind projects
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.
Data centers are still a relatively small part of India's power system. However, their rapid expansion is already changing the way renewable developers think about new projects.