Invenergy to Provide over 760MW in Renewable Energy, Supporting Meta's Energy needs in line with its Clean and Renewable Energy Goals
Meta has signed four contracts with Invenergy for 760 MW of clean energy, bringing their total clean energy procurement to over 1 GW. The Environmental Attribute Purchase agreements (EAPAs) involve four solar facilities across the US: Hardin II Solar (150 MW, Ohio), Delilah II Solar (150 MW, Texas), Tip Top Solar (110 MW, New Mexico), and Chalk Bluff Solar (350 MW, Arkansas), with expected commercial operations between 2024 and 2027.
The electricity will be delivered to local grids, enhancing regional reliability while Meta receives clean energy credits for the new generation capacity. This initiative supports Meta's commitment to power all operations with 100% clean energy.
Meta ha firmato quattro contratti con Invenergy per 760 MW di energia pulita, portando il totale degli approvvigionamenti di energia pulita oltre 1 GW. Gli accordi per l'acquisto di attributi ambientali (EAPAs) riguardano quattro impianti solari negli Stati Uniti: Hardin II Solar (150 MW, Ohio), Delilah II Solar (150 MW, Texas), Tip Top Solar (110 MW, Nuovo Messico) e Chalk Bluff Solar (350 MW, Arkansas), con inizio delle operazioni commerciali previsto tra il 2024 e il 2027.
L'elettricità sarà fornita alle reti locali, migliorando l'affidabilità regionale mentre Meta riceve crediti di energia pulita per la nuova capacità di generazione. Questa iniziativa supporta l'impegno di Meta di alimentare tutte le operazioni con energia al 100% pulita.
Meta ha firmado cuatro contratos con Invenergy por 760 MW de energía limpia, llevando su adquisición total de energía limpia a más de 1 GW. Los acuerdos de compra de atributos ambientales (EAPAs) implican cuatro instalaciones solares en los Estados Unidos: Hardin II Solar (150 MW, Ohio), Delilah II Solar (150 MW, Texas), Tip Top Solar (110 MW, Nuevo México) y Chalk Bluff Solar (350 MW, Arkansas), con operaciones comerciales previstas para entre 2024 y 2027.
La electricidad será entregada a las redes locales, mejorando la confiabilidad regional mientras Meta recibe créditos de energía limpia por la nueva capacidad de generación. Esta iniciativa respalda el compromiso de Meta de operar con un 100% de energía limpia.
메타는 Invenergy와 함께 760 MW의 청정 에너지를 위한 네 개의 계약을 체결하여 총 청정 에너지 조달량을 1 GW 이상으로 끌어올렸다. 환경 속성 구매 계약(EAPAs)은 미국 전역의 네 개의 태양광 시설과 관련되어 있다: 하딘 II 태양광 (150 MW, 오하이오), 델리라 II 태양광 (150 MW, 텍사스), 팁탑 태양광 (110 MW, 뉴멕시코), 그리고 찰크 블러프 태양광 (350 MW, 아칸소)로, 상업 운영은 2024년부터 2027년 사이에 시작될 것으로 예상된다.
생산된 전기는 지역 전력망에 공급되어 지역의 신뢰성을 높이는 동시에 메타는 새로운 발전 용량에 대한 청정 에너지 크레딧을 받을 것이다. 이 이니셔티브는 메타가 모든 운영을 100% 청정 에너지로 운영하겠다는 약속을 지원한다.
Meta a signé quatre contrats avec Invenergy pour 760 MW d'énergie propre, portant leur total d'approvisionnement en énergie propre à plus de 1 GW. Les accords d'achat d'attributs environnementaux (EAPAs) concernent quatre installations solaires aux États-Unis : Hardin II Solar (150 MW, Ohio), Delilah II Solar (150 MW, Texas), Tip Top Solar (110 MW, Nouveau-Mexique) et Chalk Bluff Solar (350 MW, Arkansas), avec des opérations commerciales prévues entre 2024 et 2027.
La consommation d'électricité sera livrée aux réseaux locaux, améliorant la fiabilité régionale pendant que Meta reçoit des crédits d'énergie propre pour la nouvelle capacité de génération. Cette initiative soutient l'engagement de Meta à alimenter toutes ses opérations avec 100 % d'énergie propre.
Meta hat vier Verträge mit Invenergy über 760 MW saubere Energie unterzeichnet, wodurch die gesamte Beschaffung sauberer Energie auf über 1 GW gesteigert wird. Die Umweltattributkaufvereinbarungen (EAPAs) betreffen vier Solaranlagen in den USA: Hardin II Solar (150 MW, Ohio), Delilah II Solar (150 MW, Texas), Tip Top Solar (110 MW, New Mexico) und Chalk Bluff Solar (350 MW, Arkansas), mit erwarteten kommerziellen Betriebsbeginn zwischen 2024 und 2027.
Der Strom wird an lokale Netze geliefert, was die regionale Zuverlässigkeit verbessert, während Meta für die neue Erzeugungskapazität saubere Energiekredite erhält. Diese Initiative unterstützt Metas Engagement, alle Operationen mit 100% sauberer Energie zu betreiben.
- Expansion of clean energy capacity by 760 MW
- Strategic diversification across four US locations
- Phased implementation from 2024 to 2027 ensuring steady capacity growth
- Enhancement of local grid reliability
- None.
Insights
This renewable energy procurement deal represents a significant strategic expansion of Meta's clean energy portfolio. The 760MW addition through four solar facilities is substantial, potentially offsetting approximately
The geographic diversity across Ohio, Texas, New Mexico and Arkansas is particularly strategic, positioning Meta to benefit from different regional power markets and weather patterns. This helps mitigate supply risks and potentially capitalize on varying electricity pricing across regions. The Environmental Attribute Purchase Agreements (EAPAs) structure allows Meta to claim clean energy credits while supporting grid reliability in high-demand areas.
Meta's expansion to over 1 GW of clean energy procurement with Invenergy marks a substantial milestone in corporate renewable energy adoption. The strategic placement of solar facilities across diverse geographic locations maximizes grid impact and local economic benefits. The gradual rollout from 2024 to 2027 aligns well with projected data center growth patterns and increasing energy demands.
The largest facility, Chalk Bluff Solar at 350MW, demonstrates the growing scale of corporate renewable projects. These agreements contribute significantly to Meta's 100% clean energy goal while creating local economic opportunities through job creation and infrastructure development. The model of pairing corporate procurement with local grid delivery represents an effective approach to sustainable energy transition.
- Total procured clean energy between the two companies now exceeds 1 gigawatt
- New agreement contracted through four Invenergy-developed solar facilities
MENLO PARK, Calif. and
"Energy demand is soaring—and Invenergy is excited to work with Meta to deliver long-term, clean energy solutions to support their operations," said Ted Romaine, Invenergy Executive Vice President of Origination. "As the largest privately held clean energy owner, operator and developer, we're pleased that Invenergy's utility-scale solar projects can contribute to meeting Meta's clean energy goals, while also providing good-paying jobs and generating millions in local economic benefits."
"Surpassing the 1 GW milestone in renewable energy procurement from Invenergy is a testament to Meta's commitment to matching our growing power needs with clean energy," said Urvi Parekh, Meta's Head of Global Energy. "We're grateful for Invenergy's long-term collaboration. These projects will help us continue our commitment to support all of our operations with
Meta's EAPAs are contracted through four Invenergy-developed facilities strategically located across the
- Hardin II Solar (OH) - 150 MW – Expected Commercial Operations 2024
- Delilah II Solar (TX) - 150 MW – Expected Commercial Operations 2025
- Tip Top Solar (NM) - 110 MW – Expected Commercial Operations 2026
- Chalk Bluff Solar (AR) - 350 MW – Expected Commercial Operations 2027
The electricity from these projects will be delivered to the local grid, increasing regional reliability by delivering power to nearby homes and businesses, while Meta will receive clean energy credits for bringing new generation capacity online.
About Invenergy
Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation, transmission and storage facilities in the
Invenergy and its affiliated companies have successfully developed more than 32,000 megawatts of projects that are in operation, construction or contracted, including wind, solar, transmission infrastructure and natural gas power generation and advanced energy storage projects.
View original content to download multimedia:https://www.prnewswire.com/news-releases/invenergy-to-provide-over-760mw-in-renewable-energy-supporting-metas-energy-needs-in-line-with-its-clean-and-renewable-energy-goals-302323252.html
SOURCE Invenergy
FAQ
How much renewable energy will Meta (META) receive from the new Invenergy contracts?
What is the total clean energy procurement between Meta (META) and Invenergy after this agreement?
When will Meta's (META) new solar facilities begin commercial operations?