Meta, in collaboration with Solarpack, is set to build two solar projects in Indiana. This partnership supports its recent $800 million data center investment in Indiana. By signing long-term Environmental Attribute Purchase Agreements, Meta is paving the way for renewable energy procurement to power its operations in Indiana.
Under the agreement, Meta will purchase the output from Solarpack’s two solar projects in Indiana totaling 210 MW (280 MWdc). This strategic move aligns with the state’s renewable energy goals as well as Meta’s own goals to have net zero emissions across its value chains by 2030.
Solarpack, founded in 2005, has built on EPC basis power plants that represent a total capacity of 2.5 GW. The company has a project portfolio of 14 GW of projects across 14 countries, and currently operates 51 renewable projects totalling 1.7 GW through its own projects and through asset management service agreements across Europe, Latin America, and Asia.
REGlobal’s Views: Meta has been using 100% renewable energy for its global operations since 2020 and the company has also reportedly reached net zero emissions. This latest deal in Indiana will help Meta to continue its decarbonisation efforts. Like Meta, other large tech companies including Microsoft, Amazon, Google and Infosys have also taken large steps to source renewables for their operations, as they are clean and affordable when compared to conventional fuels.
