en.Wedoany.com Reported - Meta has signed a long-term corporate power purchase agreement with RWE to purchase electricity generated by the "Rabbit Foot" solar project located in northeastern Texas.
As a multinational technology company that owns platforms such as Facebook, Instagram, and WhatsApp, Meta requires substantial clean electricity to power its data center operations. RWE, a global energy company headquartered in Essen, Germany, is advancing its decarbonization goals through solar and wind energy facilities. This agreement will help Meta achieve its target of fully powering its operations with clean energy.
The solar plant has a capacity of 298 megawatts (MWac) and is located in Bowie County. It commenced operations earlier this year. Texas is considered the fastest-growing solar-producing state in the United States and is expected to lead the country's clean energy transition.
The two companies have previously collaborated on multiple occasions. In the past, they have signed power purchase agreements for projects totaling 574 MW in capacity, including the 274 MW Emily Solar Project in Illinois, the 100 MW Lafitte Solar Project in Louisiana, and the 200 MW Waterloo Solar Facility in Texas.
The "Rabbit Foot" project is expected to generate economic and community benefits, creating nearly 200 local construction jobs and providing over $50 million in long-term tax revenue over 40 years for Bowie County, the DeKalb Independent School District, Texarkana College, and emergency services districts.
Ingmar Ritzenhofen, Chief Commercial Officer of RWE Americas, stated that the deepening partnership between the two companies demonstrates how such agreements can drive economic growth and community benefits. With this transaction, the total capacity of formal agreements signed by the two companies within two years has reached 872 MW.
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