Dec 5 (Reuters) - Meta Platforms Inc ( META ) announced
a deal on Thursday to buy the green credits from four large U.S.
solar energy projects that will help the Facebook owner meet its
clean electricity goals as its power needs surge.
The agreement is the latest in a string of announcements
Meta has made this year aimed at meeting the energy needs of its
power-hungry data centers without harming the climate. The
company has previously announced deals with several large solar
projects, a geothermal startup, and is seeking proposals from
nuclear power developers.
In its latest move, Meta signed four contracts with
Chicago-based energy project developer Invenergy for 760
megawatts of solar electricity. That is about enough energy to
power 130,000 homes.
The projects will connect to the power grid between 2024 and
2027 and will be located in Ohio, Texas, New Mexico and
Arkansas, Meta and Invenergy said in a joint statement.
Meta will receive clean energy credits from the projects
rather than using the power directly for its own operations.
"These projects will help us continue our commitment to
support all of our operations with 100% clean energy," Urvi
Parekh, Meta's head of global energy, said in a statement.