Meta Secures 240 MW of Texas Solar Capacity in Long-Term Deal with Origis Energy
Event summary
- Origis Energy and Meta signed a long-term power purchase agreement for the 303 MWdc (240 MWac) Greyhound A Solar project in West Odessa, Texas, expected to be operational by mid-2026.
- The project is part of Origis Energy's ~1 GW energy infrastructure complex in West Texas, with ~500 MW already operational and the remainder coming online in 2026.
- Origis is developing an additional 1 GW+ of solar and battery storage, creating a 2 GW+ energy complex to be fully operational by 2029, representing ~$2.5 B in infrastructure investments in Ector County and West Texas.
The big picture
This partnership underscores Meta's commitment to matching 100% of its electricity use with clean energy, supporting its data center operations. The deal also highlights Origis Energy's role in building competitive and enduring American energy infrastructure, contributing to the transition to a carbon-free future. The scale of the investment and the strategic importance of the project position Origis Energy as a key player in the renewable energy sector.
What we're watching
- Execution Risk
- Whether Origis Energy can deliver the remaining ~500 MW of solar capacity on schedule and meet the 2029 target for the 2 GW+ energy complex.
- Market Dynamics
- How Meta's continued investment in renewable energy will influence the broader tech industry's adoption of clean energy solutions.
- Regulatory Environment
- The impact of potential regulatory changes on the development and operation of large-scale renewable energy projects in Texas.
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