Meta Expands Renewable Energy Footprint with Major Power Deals

Meta has significantly enhanced its renewable energy portfolio through a series of agreements that collectively add over one gigawatt (GW) of generating capacity. This action is a meaningful step toward further realizing the company’s pledge to sustainability, including sourcing 100 percent clean energy for its global data centers, and its climate leadership. The new projects…

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Meta Expands Renewable Energy Footprint with Major Power Deals

Meta has significantly enhanced its renewable energy portfolio through a series of agreements that collectively add over one gigawatt (GW) of generating capacity. This action is a meaningful step toward further realizing the company’s pledge to sustainability, including sourcing 100 percent clean energy for its global data centers, and its climate leadership.

The new projects don’t go into service until 2027 and 2028. Together, these initiatives will be fundamental to Meta’s long-term plans to minimize its impact on climate. The company well-intentionedly—though a little unwittingly—claimed environmental attributes for two solar farms owned by Adapture Renewables, also in Texas. Collectively, these farms produce a staggering 360 megawatts (MW) of total capacity. This acquisition underscores Meta’s recognition that solar, particularly solar+storage, is the smart choice for powering its growing energy demands.

Aside from the Texas solar farms, Meta is preparing to take on 791 MW of new solar and wind energy. To do so, they are teaming up with project developer Invenergy. This latest announcement will add renewable energy facilities in Ohio, Arkansas and Texas, continuing to diversify Meta’s energy portfolio even more. The company aims to power its entire operation with renewable energy, including Bitcoin mining. This approach furthers its larger environmental goals.

Moreover, Meta signed a deal to acquire 650 MW of energy from two solar projects currently under development by AES, a leading utility and power-generation company. This partnership underlines Meta’s increasing dependence on solar as a key component in their strategy for sustainably and cost-effectively fulfilling their growing energy requirements.

Meta joins XGS Energy to develop a 150 MW enhanced geothermal plant in New Mexico. With partners like these, this collaboration is sure to be an exciting advance to renewable energy! This power purchase agreement marks a new creative frontier on renewable energy that exemplifies Meta’s commitment to pursuing a variety of energy sources.

Solar energy is rapidly emerging as the preferred energy source for Meta’s data centers to tap into new energy supply. These forward-looking, strategic investments signal the company’s commitment and frontrunner posture to achieving its sustainability aspirations. Meta currently has investments in these renewable sources and more, including solar, wind, and geothermal energy. This strategic move cements the company’s role as a positive force in the clean energy transition.