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Meta buys over 1 GW of renewables to power its data centers
Meta has acquired over 1 GW of renewable energy capacity through deals in Ohio, Arkansas, and Texas, highlighting its commitment to sustainability as it targets online operations by 2027 and 2028 amid increasing pressures on renewables subsidies.
Key points
- Meta purchased 791 MW of solar and wind power from Invenergy in Ohio, Arkansas, and Texas.
- Additionally, it acquired 360 MW of environmental attributes from Adapture Renewables’ solar farms in Texas.
- These projects are expected to come online in 2027 and 2028.
- Meta has earlier acquisitions including 650 MW from AES and plans for a 150 MW geothermal plant in New Mexico.
- These initiatives occur as federal subsidies for renewables face potential cuts.
Why it matters
- The increasing demand for sustainable energy aligns with global IT trends towards greener datacenters.
- The push for renewable energy is heightened due to climate change concerns and regulatory pressures.
- Meta's investments reflect the broader shift in the tech industry towards sustainable practices, similar to trends seen up to 2025.
Meta's latest renewable energy purchases emphasize its leadership in sustainability efforts within the tech industry, reflecting a broader move towards green energy solutions amidst legislative challenges.