Meta has signed a 330MW solar Environmental Attributes Purchase Agreement (EAPA) with Adapture Renewables in Arkansas and Illinois.
The social media giant will buy solar energy from three of Adapture Renewables' solar projects that are currently under development in the two states.
The three solar projects are expected to have an economic impact of more than $400 million, creating 500 temporary jobs during construction and 25 full-time positions once operational.
The solar farms will be located at former coal facilities, bringing jobs and investment back to regions that were reliant on fossil fuels and have been impacted both environmentally and financially over the years.
"These solar projects represent an important milestone in continuing our commitment to sustainable operations," said Urvi Parekh, head of renewable energy at Meta. "Our partnership with Adapture Renewables underscores our dedication to utilizing renewable energy to support our facilities and fostering a cleaner, greener future for all."
"We are proud to partner with progress-minded, global corporate partners like Meta to drive adoption of renewable energy,” said Jesse Tippett, vice president of power marketing origination at Adapture Renewables. “Working with Meta on these agreements was a delight. The Meta team was efficient and matched our dedication to scaling clean energy, bringing economic opportunities to the energy communities hosting our projects, and achieving three win-win agreements.”
Adapture Renewables is a utility-scale solar and energy storage developer, owner, and operator based in Oakland, California. The EAPA shortly follows Adapture's acquisition of three solar projects in Illinois and Arkansas from TED Renewables, likely the same as those signed for by Meta. The solar sites are expected to be operational in 2025 and 2026 and will have a capacity of 333 MWac / 450 MWdc.
Meta is a major customer of renewable energy having supported its operations with net zero emissions since 2020. The last year has seen the company signing similar power purchase agreements in Ireland, Texas, Arizona, and Ohio. The company also has an existing PPA in Arkansas.
