Meta signs agreements for 760 MW of renewable energy with Invenergy
Author: PPD Team Date: December 9, 2024
Author: PPD Team Date: December 9, 2024
Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW.
Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates their dedication to matching growing power needs with renewable energy.Â
The agreements cover four solar energy centres in the US, including Hardin II Solar (Ohio, 150MW), Delilah II Solar (Texas, 150MW), Tip Top Solar (New Mexico, 110MW), and Chalk Bluff Solar (Arkansas, 350MW), which will come online between 2024 and 2027.
The electricity generated will support the local grid, enhancing regional reliability while Meta will earn clean energy credits for bringing new generation capacity online.Â
Invenergy, a major clean energy developer, views the collaboration as an opportunity to meet rising energy demand and create local economic benefits.
Author: PPD Team Date: June 17, 2025 The Directorate General of Training (DGT), under the Ministry of Skill Development and Entrepreneurship (MSDE), has partnered with Shell India to roll out a green skills and electric vehicle (EV) training programme. Edunet Foundation is implementing the initiative. The programme will run across selected industrial training institutes (ITIs) and national skill training institutes (NSTIs) in Delhi-NCR, Gujarat, Maharashtra, Tamil Nadu, and Karnataka. Specialised EV skill labs will be…
Author: PPD Team Date: June 3, 2025 Indian Metals & Ferro Alloys Limited (IMFA) has signed a long-term power purchase agreement (PPA) with Ampin Energy Utility One Private Limited for a contracted demand of 40 MW of hybrid renewable power. The agreement has been signed for 25 years. The hybrid project will include 58 MW of solar and 58 MW of wind capacity. This agreement follows a binding term sheet signed on February 25, 2025….
Author: PPD Team Date: December 1, 2025 Oriano Clean Energy Private Limited has signed a power purchase agreement with Gujarat Urja Vikas Nigam Limited for a 57 MW solar project awarded under the GUVNL 500 MW Solar Phase XXVII tender. The company stated that the project will be commissioned within 24 months. Oriano noted that the execution timeline offers a clear delivery window and supports its focus on building utility scale projects on schedule. The…
Author: PPD Team Date: December 18, 2024 Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraising since becoming independent. The funds were raised through its global products and solutions business. This marks the first fundraising round since the company’s demerger. The round saw participation from GEF Capital Partners and ENAM Holdings. The capital will be used for ongoing capex, enhancing production capacity, developing new products, and expanding into international markets.
Author: PPD Team Date: December 5, 2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector. The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company. Over the next two years, Mufin Green Finance aims to back 200,000…
Author: PPD Team Date: April 21, 2026 Multi Commodity Exchange of India Limited (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to incorporate a wholly owned subsidiary focused on coal trading. The approval, granted on April 17, 2026, allows MCX to establish a regulated platform for coal price discovery. The proposed entity, expected to be named MCX Coal Exchange Ltd. or MCX Coal Exchange of India Ltd., will be set…