Meta bought 1 GW of solar this week

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Meta signed three deals this week to procure nearly 1 gigawatt of solar power as it races to power its lofty AI ambitions.

The trio of agreements brings Meta’s total solar purchases to over 3 gigawatts of capacity this year. 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.

Meta yesterday announced two agreements in Louisiana that see it buying the environmental attributes of a combined 385 megawatts of electricity. Both projects are…



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Meta bought 1 GW of solar this week


Meta signed three deals this week to procure nearly 1 gigawatt of solar power as it races to power its lofty AI ambitions.

The trio of agreements brings Meta’s total solar purchases to over 3 gigawatts of capacity this year. 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.

Meta yesterday announced two agreements in Louisiana that see it buying the environmental attributes of a combined 385 megawatts of electricity. Both projects are…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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