Daily Newsletter

23 August 2024

Daily Newsletter

23 August 2024

Arevon and Meta work together on long-term Indiana solar project

The Heirloom Solar Project will provide 60MW.

Alfie Shaw August 23 2024

Renewable energy developer Arevon Energy and Meta Platforms, formerly Facebook, have partnered on an environmental purchase agreement (EAPA) for Arevon’s Heirloom Solar Project in Pike County, Indiana, US, as the tech giant continues the “important work” of energy transition.

The latest deal marks the third utility-scale project between the two companies.

The 60MW Heirloom Solar Project recently started construction and it’s expected to be fully operational in the third quarter of 2025. Arevon will own and operate the Averon project as it does with the Kelso Solar project in Scott County, Missouri.

In March, Arevon and Meta signed two long-term EAPAs Scott County facility.

The energy supplier said at the time that the Kelso project will help support Meta’s operations in the region with 100% renewable energy.

Averon said it will own and operate the Kelso Solar Project. Kelso is set to start producing power in the fourth quarter of 2025.

Arevon CEO Kevin Smith said that the company was “proud to once again partner with Meta and contribute to its sustainability goal of matching its operations with 100% renewable energy”. In a press release, Arevon said it will also work with local communities to ensure they benefit from the project.

Local landowners will receive steady payments throughout the life of the project, allowing them to diversify their income as well as continue farming in the area. Urvi Parekh, head of renewable energy at Meta, said the tech company was “pleased to work with Arevon again” and we “look forward to the Heirloom Solar Project coming online and continuing our partnership”.

On its website, Meta claims that it is one of the largest corporate buyers of renewable energy.

It is aiming to power its global operations with 100% solar energy by adding new wind and solar projects to the same local grids as data centres.

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