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Meta announced this week that it is buying 200 megawatts of solar power from multinational electric utility Eng, adding to the tech company’s remarkable 12-plus gigawatt renewable energy portfolio.
The news comes at a time when tech companies are ramping up their AI ambitions, adding data centers at a breakneck pace and increasing demand for electricity to the point. Half of all new AI servers Less capacity could be completed by 2027.
Meta has been steadily adding new capacity, announcing in December that it would build a 2-gigawatt data center in Louisiana, though that campus will reportedly be powered by natural gas. The new solar farm is a short distance from one of Meta’s existing data centers in Texas.
Tech companies are cozying up to nuclear startups, announcing a flurry of deals late last year Google and Kairos have worked together Installation of 500 MW of small modular nuclear reactors starting in 2030. Amazon has signed a deal with X-Energy For 300 MW which will come online in the early 2030s.
Meta, not to be outdone, announced in December that it was Looking for proposals Also from nuclear power developers for 1 to 4 GW of power in the early 2030s. Companies have until February 7 to submit plans.
But even as nuclear grabs a lot of headlines, renewable energy sources continue to quietly add capacity, allowing companies like Meta to expand their computing power today. Google is supporting a $20 billion in renewable contracts including Intersect Power and TPG Rise, and Microsoft working with Acadia Infrastructure Capital 9 billion dollar deal.
The speed at which renewables can be deployed will be one of the biggest challenges facing nuclear startups. For example, Meta’s new solar farm is expected to come online in 2025.