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From News Desk

WeWork India Management a provider of flexible workspace sector, has announced  plans to develop a 10 MWp (DC) ground-mounted solar power plant in Karnataka.

Targeted for commissioning in FY27, the plant is expected to generate approximately 15–16 million units of clean electricity annually. Once operational, it is expected to increase the share of renewable electricity across WeWork India’s portfolio from close to 40% currently to approximately 50%, bringing the company closer to its 100% renewable electricity goal. Nearly 80% of the plant’s output will support WeWork India’s operations, including 10 centres in Bangalore. The remaining 20% of the plant’s output will be used for their future growth.

Karnataka is a strategic location for the investment, with Bangalore representing WeWork India’s largest market at 30 operational centres. The state accounts for approximately 30% of the company’s total electricity consumption across its portfolio, making it a natural market to drive renewable energy adoption at scale. The solar plant will enable WeWork India to meet a meaningful share of this demand through renewable power, while reducing its reliance on conventional grid electricity.

Commenting on the development, Karan Virwani, MD & CEO, WeWork India said, “Bangalore is our largest market, making it the natural starting point for an investment of this scale. As we grow, we want a greater share of that growth to be powered by clean energy, but we also want sustainability to make strong business sense. Building our own renewable generation capacity allows us to do both – reduce the carbon footprint of our operations while creating greater certainty over energy costs for the next 25 years. This is the kind of long-term investment we believe can make sustainability an integral part of how we scale, rather than an initiative that sits alongside the business.”

This investment also reflects WeWork India’s approach towards combining sustainability outcomes with disciplined capital allocation. With a design life of 25 years, the solar plant will provide greater long-term visibility over electricity costs for a significant part of its Bangalore operations, helping insulate the portfolio from fluctuations in grid tariffs. Solar power is expected to provide electricity at a more competitive cost over the life of the asset, translating into operating efficiencies at the centres it serves. By combining owned renewable generation, captive consumption and open access, WeWork India is creating a more diversified energy sourcing model designed to deliver both lower-carbon operations and greater cost certainty.