Meta bought 1 GW of solar this week
Interestingly, meta signed three deals this week to procure nearly 1 gigawatt of solar power as it races to power its lofty ai ambitions Experts suggest that the trio of agreements brings meta’s total solar purchases to over 3 gigawatts of capacity this year According to reports, solar is cheap and quick to build, and as a result, it has become a go-to power source for tech companies as their data center fleets multiply in size This highlights that meta yesterday announced two agreements in louisiana that see it buying the environmental attributes of a combined 385 megawatts of electricity Interestingly, both projects are expected to be completed two years from now Interestingly, they follow on the heels of a larger deal announced monday in which meta bought 600 megawatts from a massive solar farm near lubbock, texas In recent developments, the project will also start commercial operations in 2027 Experts suggest that while the texas power plant won’t connect directly to meta data centers, it will feed into the local grid, offsetting use by the facilities
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