tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Meta signs deal with Silicon Ranch for 100MW solar farm in South Carolina

Silicon Ranch said yesterday it will partner with Columbia-based Central Electric Power Cooperative to build a 100-megawatt solar farm that will support Meta‘s first data center in South Carolina. Meta’s commitment will support Silicon Ranch’s investment in the Orangeburg County solar farm, adding a new energy generation resource to the fast-growing statewide electric cooperative system. The agreement expands Silicon Ranch’s relationships with both Central and Meta. The 100 MW solar facility will be the fourth between Silicon Ranch and Central, a generation and transmission cooperative that secures power for South Carolina’s 19 distribution electric cooperatives. In addition, the energy infrastructure project is the 18th in the growing partnership between Silicon Ranch and Meta, representing well over 1,500 MW of renewable energy capacity that have catalyzed investments of more than $2.5B by Silicon Ranch across four states to support Meta’s operations. The solar project represents a capital investment of more than $100M in Orangeburg County.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1