Meta Acquires Over 1 GW of Renewable Energy to Power Data Centers

Meta Powers U.S. Data Centers with Nearly 800 MW of Clean Energy Deal with Invenergy

Meta Platforms—the parent company of Facebook, Instagram, and WhatsApp—signed a major deal to secure 791 megawatts (MW) of renewable energy from Invenergy. This brings Meta’s total clean energy procurement from Invenergy to 1,800 MW, supporting the company’s net-zero goals and expanding data center and AI operations. The new agreement includes four projects: 300 MW Yellow Wood Solar (Ohio) 140 MW Pleasant Prairie Solar (Ohio) 155 MW Decoy Solar…

Meta wants to raise $29bn for AI data centres - TechCentral.ie

Meta, the parent company of Facebook, is looking for substantial external funding to realise its ambitions in the field of artificial intelligence. The tech giant wants to raise a total of $29 billion (€24.7 billion), earmarked for the construction of new data centres. According to the Financial Times, which cites sources close to the matter, [… The post Meta wants to raise $29bn for AI data centres appeared first on TechCentral.ie.

Meta Acquires Over 1 GW of Renewable Energy to Power Data Centers

Meta has significantly increased its renewable energy holdings with new agreements adding more than 1 gigawatt of solar and wind power capacity. On Thursday, Meta announced a purchase of 791 megawatts of solar and wind power from Invenergy projects in Ohio, Arkansas, and Texas. Earlier in the week, the company secured the environmental attributes from two solar farms in Texas, totaling 360 megawatts, developed by Adapture Renewables. These proje…