Meta signed an agreement for the entire capacity of two upcoming solar projects in Texas through environmental attribute agreements.
The renewable energy certificates are tied to the 127 MW Midpoint Solar project in Hill County and the 184 MW Gaia Solar project in Navarro County. The Midpoint Solar project also includes 75 MWac of battery storage. The two projects are scheduled for commercial operation in late 2025.
Environmental attribute agreements are a form of power purchase agreement where the environmental credits, such as emissions reductions, help the company to offset electricity use.
Canadian Solar commissioned both projects. As part of the deal, Canadian Solar’s e-Storage BESS business will supply over 60 SolBank 3.0 battery containers and up to 2 GWp of its solar modules.
Meta retained the top spot on the list of corporate solar investors with nearly 5.2 GW of capacity, according to the ninth annual Solar Means Business report by the Solar Energy Industries Association. According to Meta, it has more than 6.7 GW of renewable energy online and 11.7 GW contracted.
Meta continues to require additional energy as its data centers multiply across the country. It is the top corporate solar user in the U.S. with nearly 5.2 GW of capacity.
For example, Meta signed on for two projects in Texas in March, one for the 321 MW True North solar project and the other for a 505 MW solar project. Meta’s 180 MW Cove Mountain Projects in Utah were part of a flurry of PPAs it signed to run data centers in 2020. Meta also procures projects from Arizona, Idaho, Missouri and Texas, among others.
(Read: Meta picks utilities based on solar potential at data centers)
Annapolis-based developer Sunraycer Renewables, a Crayhill Capital Management portfolio company, has approximately a reported 2 GW of solar and 2 GW of battery energy storage projects in its development and construction pipeline.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.