Big Tech Secures Long-Term Indian Renewable Energy Deals to Power AI Expansion

Big technology companies are rapidly expanding clean power procurement in India to support artificial intelligence workloads and growing digital operations. Clean energy demand from the technology sector in India is expected to double from 16.1 gigawatts in 2026 to 32.4 gigawatts by 2030.

To secure stable electricity and meet environmental targets, corporations are turning to 15-to-20-year power purchase agreements. Meta Platforms Inc Class A (NASDAQ:META) has contracted nearly 1 gigawatt of green energy in India, including solar and wind projects with CleanMax and Fourth Partner Energy, along with a partnership with Reliance Industries for a 168-megawatt AI data center in Gujarat. Other major firms, including Amazon and Google, have also agreed to multi-megawatt wind and solar deals.

As data center loads increase, power developers face growing demand for round-the-clock clean energy, requiring an estimated 4 gigawatts of firm electricity backed by energy storage. The growth of long-term corporate contracts offers developers steady revenue outside traditional government auctions, but success will depend on whether local grid and storage infrastructure can keep up with the rapid pace of digital expansion.