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    Meta Signs Purchase Agreements with Arevon Energy to Power Operations with Kelso Solar Project

    March 7, 2024
    The project will generate 349 MWac of power and support Meta's operations with 100% renewable energy in the region
    Arevon
    65e9d084762dff001ec1ff1c Arevon

    Arevon Energy, a renewable energy developer, owner, and operator, and Meta Platforms have signed two long-term Environmental Attributes Purchase Agreements (EAPA) for the Kelso solar project in Scott County, Missouri.

    According to the SEC, environmental attributes include "any and all attributes, credits, benefits, emission reductions, offsets, and allowances attributable to the characteristics, production, and use of [solar energy]." 

    The project will generate 349 MWac of power and support Meta's operations with 100% renewable energy in the region. The first phase of the project is expected to be operational in Q4 2025, while the second phase will begin after Q1 2026.

    Arevon will own and operate the project, which will create more than 450 full-time equivalent construction jobs and five permanent jobs for operations and maintenance.

    While land leases with local landowners will generate millions of dollars in annual revenue, the solar facility will also disburse more than $34 million to local governments over its life, with nearly $28 million contributed to area schools. 

    Construction activity and the project's continued operations will increase money spent at local businesses, including stores, restaurants, and hotels.

    "We meet 100% of our energy demand with renewable power, and we continue to invest in clean energy projects as we grow,” said Urvi Parekh, Head of Renewable Energy at Meta. “This partnership with Arevon decarbonizes our operations and contributes to a more sustainable, resilient energy infrastructure.” 

    About the Author

    EnergyTech Staff

    Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

    Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    He can be reached at [email protected]. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.