Meta Signs 260 MW Solar Energy Purchase Deal with Engie to Support Net Zero Goals
Engie North America, a part of the France-based Engie Group, announced that it has signed a deal with social media giant Meta to supply it with 260 MW of renewable energy from its Sypert Branch solar project in Milam County Texas, 100% of the project’s output.
The Sypert Branch solar project, expected to be operational in late 2025, was developed by Engie who will also construct and operate the project located 70 miles northeast of Austin, Texas. The project is also located approximately 10 miles from Meta’s data center in Temple, Texas.
Dave Carroll, Chief Renewables Officer at Engie North America, said:
“We are delighted to announce this agreement to work with Meta by providing renewable power that supports their growth and aligns with their net zero commitments. We are proud that ENGIE’s proven track record in developing, building and operating renewable assets puts us at the forefront of the energy transition and this agreement with Meta recognizes the importance of that track record to our customers.”
Meta, the owner of Facebook, Instagram, and WhatsApp, said that the deal will add to the more than 12 GW of renewable energy procurement already announced by the company as part of its sustainability efforts. Meta has set a target to reach net-zero emissions across its value chain by 2030, and is one of the largest corporate buyers of renewable energy. The company achieved its goal to meet 100% of its operational energy needs with renewable sources in 2020, and recently said that it anticipates adding 9.8 GW of renewable energy to local grids in the U.S. through its supported wind and solar projects by 2025.
Urvi Parekh, Head of Clean Energy at Meta, said:
“We are delighted to be collaborating with ENGIE to make the clean energy transition a reality through projects like Sypert Branch. Since 2020, we have maintained net zero emissions in our global operations – these efforts are supported by relationships such as those with ENGIE who can consistently deliver and operate projects like Sypert Branch to help meet our energy needs.”
Source: esgtoday.com
