{"id":78099,"date":"2023-06-20T01:59:15","date_gmt":"2023-06-20T01:59:15","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/"},"modified":"2023-06-20T01:59:15","modified_gmt":"2023-06-20T01:59:15","slug":"mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/","title":{"rendered":"Mubadala\u2019s investee companies supply solar energy to India\u2019s MU1 data centers"},"content":{"rendered":"<p><strong>A long renewables commitment between Mubadala\u2019s investee companies: <\/strong>Two of Abu Dhabi sovereign investor Mubadala\u2019s investee companies \u2014 Princeton Digital Group (PDG) and Tata Power Renewables \u2014 are partnering to supply clean energy for a data center in India under a 25-year agreement, according to a <a href=\"https:\/\/www.mubadala.com\/en\/news\/pgd-tata\">statement<\/a>.<\/p>\n<p><strong>What we know:<\/strong> Pan-Asia data center operator PDG and Tata Power Renewables are co-investing in a captive power plant that will supply electricity to one of the data operator\u2019s flagship MU1 data centers in Mumbai\u2019s Airoli.The generational capacity of the solar plant is not disclosed, but it will begin generating energy this month. Additional capacity will come online upon the completion of the plant\u2019s future phases. The solar facility will help PDG\u2019s MU1 achieve its target of being 50% powered by renewable energy.<\/p>\n<p><strong>Mubadala has been investing big in the two companies:<\/strong> Mubadala invested USD 350 mn in PDG \u2014 home to 21 data centers with a capacity of over 700 MW across six countries \u2014 last year, the statement notes. The Abu Dhabi sovereign investor also invested USD 525 mn in the same year in Tata Power Renewables \u2014 which is spearheading India\u2019s energy transition with a 30 GW contribution by 2030 \u2014 along with BlackRock Real Assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A long renewables commitment between Mubadala\u2019s investee companies: Two of Abu Dhabi sovereign investor Mubadala\u2019s investee companies \u2014 Princeton Digital Group (PDG) and Tata Power Renewables \u2014 are partnering to supply clean energy for a data center in India under a 25-year agreement, according to a statement. What we know: Pan-Asia data center operator PDG [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":78100,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[489,11,50,1727,88,42,1728,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-data-centers","tag-enterpriseclimate","tag-mubadala","tag-princeton-digital-group","tag-renewables","tag-solar-energy","tag-tata-power-renewables","tag-uae","wpautop","entry"],"acf":{"mongo_id":"34a05569-5ad2-4b96-a2d2-7f528afbf0d0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/1907.jpg","photo_position":"above","related_issue":[78090],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mubadala\u2019s investee companies supply solar energy to India\u2019s MU1 data centers - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mubadala\u2019s investee companies supply solar energy to India\u2019s MU1 data centers\" \/>\n<meta property=\"og:description\" content=\"A long renewables commitment between Mubadala\u2019s investee companies: Two of Abu Dhabi sovereign investor Mubadala\u2019s investee companies \u2014 Princeton Digital Group (PDG) and Tata Power Renewables \u2014 are partnering to supply clean energy for a data center in India under a 25-year agreement, according to a statement. What we know: Pan-Asia data center operator PDG [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-20T01:59:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1907.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Mubadala\u2019s investee companies supply solar energy to India\u2019s MU1 data centers\",\"datePublished\":\"2023-06-20T01:59:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/\"},\"wordCount\":214,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1907.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Data Centers\",\"EnterpriseClimate\",\"Mubadala\",\"Princeton Digital Group\",\"renewables\",\"solar energy\",\"Tata Power Renewables\",\"UAE\"],\"articleSection\":[\"RENEWABLES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2023\/06\/20\/mubadalas-investee-companies-supply-solar-energy-to-indias-mu1-data-centers\/\",\"name\":\"Mubadala\u2019s investee companies supply solar energy to India\u2019s MU1 data centers - 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