Renewable vitality producer (EDPR) EDP Renewables North America (EDPR NA) and Fb, Instagram, and WhatsApp proprietor Meta introduced a brand new lengthy‑time period energy buy settlement (PPA) for a brand new 250‑megawatt (MW) photo voltaic vitality venture, Cypress Knee Photo voltaic, to be in-built Arkansas.
The brand new settlement marks Meta’s third with EDPR NA, and almost doubles the full vitality procured between the businesses to 545 MW. Meta ranked as the biggest company clear vitality offtaker globally in 2025, in line with a current report by BloombergNEF, contracting 10.24 GW within the 12 months. The corporate has set targets to succeed in net-zero emissions throughout its worth chain by 2030, and to proceed to match 100% of the electrical energy utilized in its knowledge facilities and workplaces with renewable vitality.
Amanda Yang, Head of Clear and Renewable Vitality, Meta, mentioned:
“Via our partnership with EDPR, Cypress Knee Photo voltaic will carry new era to the Arkansas grid, creating native jobs and delivering financial advantages to the neighborhood. We’re proud to develop our collaboration with EDPR.”
The brand new venture is situated near town of Lake Village, Arkansas, is predicted to incorporate roughly $400 million of capital funding, and to generate vitality equal to the common consumption of greater than 43,400 properties, with completion anticipated by 2028.
Sandhya Ganapathy, CEO of EDPR NA, mentioned:
“Cypress Knee Photo voltaic and our broader portfolio of initiatives with Meta are serving to energy a dependable, fashionable U.S. electrical grid—the spine of American innovation and long-term financial development. These investments strengthen native communities, create sturdy financial worth, and make sure that progress is constructed on a resilient, sustainable basis.
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