Meta buys over 1 GW of renewables to power its data centers
Meta bolstered its already considerable renewable power portfolio this week with string of deals that added over 1 gigawatt of generating capacity.
The social media company announced Thursday that it will buy 791 megawatts of solar and wind power in Ohio, Arkansas, and Texas from project developer Invenergy. And on Wednesday, Meta said that it would buy the environmental attributes from two of Adapture Rnewables' solar farms in Texas totaling 360 megawatts.
The various projects are expected to come online in 2027 and 2028.
Meta has been on a renewable buying spree. Last month, it signed a deal to buy 650 megawatts across two solar projects being built by AES, a utility and power generation company. Earlier this month, the tech company inked a deal with XGS Energy to build a 150-megawatt enhanced geothermal power plant in New Mexico.
The deals give renewables a boost at a time when subsidies for the technologies are being targeted for elimination in the reconciliation bills being hashed out by House and Senate Republicans.
Solar power, in particular, is the fastest way for data centers to acquire new power today. A typical solar farm can be completed in about 18 months, with phased construction allowing some providing electrons even sooner than that.
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