Meta continues to expand its AI capabilities with a new solar energy deal.
Meta's Solar Energy Agreement
Meta has signed an agreement to add 650 megawatts (MW) of solar power to its portfolio aimed at supporting the energy needs of its AI operations.
Expanding Renewable Energy Portfolio
This agreement significantly adds to Meta's already impressive collection of renewable energy assets, which now exceeds 12 gigawatts (GW) of capacity. Long-term power purchase agreements ensure stability and predictability for both the energy developer and Meta.
Role of AES in Meta's Strategy
The partnership with AES is central to Meta's strategy for securing large-scale renewable energy. AES specializes in developing large solar projects and is a valuable partner for Meta as it seeks to green its operations.
Meta's 650 MW solar deal with AES highlights the need for reliable energy sources for complex AI operations, marking a strategic shift towards sustainability.
