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D. E. Shaw Renewable Investments (DESRI) has signed two long-term renewable energy offtake agreements with Meta.

The projects include a 250 MW AC solar facility in Missouri and a 150 MW AC solar facility in Texas. Both facilities are sited in the Midcontinent Independent System Operator (MISO) territory and are expected to reach commercial operation before the end of 2027.

This portfolio contributes to DESRI’s growing solar portfolio with Meta, which also includes projects in Utah, Virginia and Arkansas.

“Our renewable energy partnership with Meta has expanded to span five states, encompassing more than 1,200 MW AC,” says Hy Martin, chief development officer of DESRI. “These projects will support local rural economies and are part of DESRI’s long-term strategy of developing, owning and operating clean energy generation sources in close proximity to new load growth, particularly with our corporate data center customers in MISO and beyond.”

DESRI purchased development rights to a 150 MW AC project from Acadian Renewable Energy LLC, a joint venture between SunChase Power LLC and Eolian L.P., in 2022, and DESRI completed development of the project over the past three years.

The post Meta Inks Solar Offtake Agreements with DESRI appeared first on Solar Industry.

Meta Inks Solar Offtake Agreements with DESRI

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Renewable Energy

Ask a Pro

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I’m not a financial pro, but here’s some advice:

Don’t live on a budget.  Make a lot of money and live far beneath your means.  What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?

As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do.  You make false friends and have people glomming onto you to sell you stuff you really don’t need.”

Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country.  Maybe there is something about him and his values that could benefit you.

Ask a Pro

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Renewable Energy

Solar PV in Spain

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I see.

There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.

LOL.

Solar PV in Spain

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Renewable Energy

What’s Wrong with Human Civilization?

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It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.

People say that the principal weakness of human beings is that we can’t plan for the future as a species.  Dogs are arguably even worse, though they aren’t consumed with greed.  They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.

As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.

What’s Wrong with Human Civilization?

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