Utility Dive•about 1 month ago
Meta expands US solar portfolio, inks PPA with Zelestra
Key Takeaway
Large tech companies like Meta continue to drive significant renewable energy development across the U.S. through strategic PPAs, signaling sustained demand for developers and stable pricing for large loads.
AI Summary
- •Meta is expanding its U.S. solar portfolio through a new Power Purchase Agreement (PPA) with Zelestra.
- •The PPA builds on an existing partnership, indicating a long-term strategy for renewable energy procurement by the tech giant.
- •This agreement supports the development of multiple solar projects across the U.S., signaling continued demand for utility-scale solar from large power consumers.
Topics
datacenterfinancingppasolar