June 26 (Reuters) - Renewable energy developer Invenergy
and social media giant Meta Platforms ( META ) have signed four
deals to supply 791 megawatts (MW) more of solar and wind power
to operate data centers, the companies said on Thursday.
This is the latest in a
string of deals
by Meta to meet the surging power demand of its data
centers needed for artificial intelligence technologies using
clean energy.
Last year, Meta had signed four contracts with the
Chicago-based Invenergy for 760 MW of solar electricity.
Invenergy said Thursday's deals bring the companies' total
partnership to 1,800 MW.
Meta has previously announced deals with several large
solar projects
, a
geothermal startup
, and is also
seeking proposals
from
nuclear power developers
.
The electricity from Invenergy's solar and wind projects
in Ohio, Arkansas and Texas will be delivered to the local grid,
while Meta will receive the clean energy credits associated with
the new generation capacity coming online, the energy company
said.
The companies did not disclose the financial details of
the deals.