Utility Dive•29 days ago
EDP Renewables and Meta ink PPA for 250-MW solar project
Key Takeaway
This PPA underscores the sustained and significant role large power consumers like Meta play in driving utility-scale solar development and providing long-term revenue stability for renewable energy developers.
AI Summary
- •EDP Renewables and Meta have signed a Power Purchase Agreement (PPA) for a new 250 MW solar project.
- •This is the third PPA between the two companies, bringing Meta's total procured renewable energy from EDP Renewables to 545 MW.
- •The deal highlights the continued strong demand from large power consumers like Meta for utility-scale renewable energy, providing long-term revenue certainty for developers.
Topics
datacenterppasolar