D.E. Shaw Renewable Investments (DESRI), the US renewable energy developer, has signed a 200MW power purchase agreement (PPA) with tech and social media titan Meta for power produced at the Long Lake solar project in Arkansas.
In the span of two and a half years, commercial solar has doubled its installed capacity from 9.8GW at the end of 2019 to 19GW of solar PV until June 2022.
Renewable energy asset manager Luxcara has signed a 300MWp of installed capacity power purchase agreement (PPA) with tech company Meta, formerly Facebook, in Denmark which it claims is the largest ever solar PPA in the country.
A record 31.1GW of clean energy was bought by corporations through power purchase agreements (PPAs) last year, with technology companies once again the largest buyers, according to research firm BloombergNEF (BNEF).
Raising more than US$1 billion in equity capital in the past year, US independent power producer (IPP) Silicon Ranch is looking to expand its model of developing, owning and operating large-scale PV plants while maintaining a strategy of co-locating projects with regenerative agriculture.
Consumer-owned utility Walton Electric Membership Corporation (EMC) and independent power producer (IPP) Silicon Ranch have completed the construction of three utility-scale solar PV projects with a total capacity of 287MW that will be used to power Meta’s (formerly Facebook) operations in Georgia, US.
