Meta Platforms Inc. has introduced seven new solar initiatives in Georgia and Tennessee totaling 720 MW AC to assist its regional operations with 100% renewable energy.
Silicon Ranch is partnering with Walton Electric Membership Corp. (EMC) and the Tennessee Valley Authority (TVA) to provide the renewable power to serve Meta’s information facilities in Georgia and the Tennessee Valley, respectively. As a part of the agreements, Silicon Ranch will fund, construct, personal, function and preserve the solar services over the life of every of the seven initiatives.
In Georgia, Walton EMC just lately executed contracts with Silicon Ranch on behalf of Meta (previously the Facebook firm) for 3 new solar services totaling 560 MW AC as a part of the electrical cooperative’s settlement to provide Meta with 100% renewable energy. Silicon Ranch will work with Walton EMC to ship initiatives in every of the subsequent three years to assist Meta’s operations.
“We are proud of the work we have done with Walton EMC and TVA to accelerate the transition to renewables in Georgia and the Tennessee Valley,” says Urvi Parekh, head of renewable energy at Meta. “As we continue to support our global operations with 100 percent renewable energy, we are pleased to expand our partnership with Silicon Ranch, a trusted partner who shares our commitment to have a positive impact on the communities where we locate.”
TVA just lately signed agreements with Silicon Ranch on behalf of Meta for 4 new solar services in Tennessee totaling 160 MW AC beneath TVA’s Green Invest program, which helps prospects corresponding to Meta meet their long-term sustainability targets with new utility-scale solar initiatives positioned throughout the Tennessee Valley. Silicon Ranch will companion with TVA and native power corporations to ship all 4 initiatives in 2024 to assist Meta’s operations in Tennessee and Alabama.
“Silicon Ranch is honored by the confidence and trust that Meta continues to place in our company to execute on their behalf, and we are grateful to be part of this compelling economic development story with them as well as with our utility partners Walton EMC and TVA,” states Reagan Farr, president and CEO of Silicon Ranch. “Meta’s commitment to support their operations with 100 percent renewable energy is directly responsible for our own commitment to invest more than $2.3 billion across more than a dozen rural communities in Georgia, Tennessee and Kentucky. As a company that calls this region home, we look forward to being active members of each community for decades to come.”
The announcement of the seven new initiatives coincides with the nearing completion of two extra solar services by Silicon Ranch that serve Meta’s operations: the 125 MW AC DeSoto I Solar Farm in partnership with Walton EMC in Lee County, Georgia, and the 70 MW AC McKellar Solar Farm with TVA in Madison County, Tennessee. Despite provide chain constraints that triggered challenge delays throughout the solar business, Silicon Ranch positioned each initiatives in service on schedule, a feat the corporate has achieved with each challenge it has signed since starting operations in 2011.
“As an electric cooperative, Walton EMC is driven by our ‘concern for community’ and our devotion to serving the needs of our member-owners, and our partnership with Meta and Silicon Ranch enables us to honor our commitments to these principles and values,” feedback Ronnie Lee, CEO of Walton EMC. “Walton EMC is proud of the meaningful work we are doing together, and we are grateful to each of our partners for the significant investments they are making in our service territory and across the state, reinforcing and strengthening Georgia’s claim as the number one state for business.”
Including the seven initiatives introduced, Meta is partnering with Silicon Ranch on 16 solar services to serve its operations in Georgia and the Tennessee Valley. In complete, the portfolio has a capability of roughly 1,500 MW AC. Eight of the initiatives are actually operational, producing roughly 630 MW AC of solar energy, and every of the vegetation integrates Silicon Ranch’s transformative Regenerative Energy mannequin of land administration, a holistic strategy to design, building and operations that co-locates renewable energy manufacturing with regenerative agriculture practices.
“TVA is building the energy system of the future, and this public-private partnership with Meta and Silicon Ranch demonstrates the strength of TVA’s public power model to attract capital investment and high-quality jobs into the communities we serve while helping businesses meet their sustainability goals,” stated Doug Perry, Senior Vice President of Commercial Energy Solutions for TVA. “We thank our partners Meta and Silicon Ranch for sharing our commitment to make our region the best place in the country to live, work, and raise a family.”