Arevon Energy & Meta Ink Deal For 349 MW Solar Energy In US

Arevon Energy & Meta Ink Deal For 349 MW Solar Energy In US

Renewable energy developer, Arevon Energy, Inc., and Meta Platforms have signed two long-term Environmental Attributes Purchase Agreements (EAPA) for the Kelso Solar Project in Scott County, Missouri in the United States. The Kelso Solar Project will generate 349 megawatts (MWac) of power and will help support Meta’s operations in the region with 100 percent renewable energy, read the press release by Arevon Energy.

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

According to a media document by Arevon, it will own and operate the Kelso Solar Project, which will provide a myriad of economic benefits in the power plant’s vicinity including more than 450 full-time equivalent construction jobs and five permanent jobs to operate and maintain the project throughout its multi-decade lifespan. Land leases with local landowners will generate millions of dollars in annual revenue, and the solar facility will disburse more than $34 million to local governments over the life of the project, with nearly $28 million contributed to area schools. Construction activity, and the project’s continued operations, will bring about an increase in money spent at local businesses including stores, restaurants, and hotels.

“Through its Kelso Solar Project, Arevon is pleased to contribute to Meta’s goal of having its global operations supported by 100 percent renewable energy,” Kevin Smith, Chief Executive Officer at Arevon said. He also added, “We appreciate the opportunity to collaborate with Meta to help in meeting their admirable sustainability targets and accelerate the country’s energy transition.”

The first phase of the Kelso Solar Project is anticipated to start operations in Q4 2025, with the second phase following shortly after in Q1 2026.

Arevon has been operating more than 3,500 megawatts (MW) of solar, storage, and solar + storage hybrid assets and is currently constructing more than 1,000 MW of new capacity.

Recently, Arevon Energy announced that it has secured more than $1 billion in aggregate financing commitments for its Eland 2 Solar-plus-Storage Project in Kern County, California.