Meta bought 1 GW of solar this week

Meta signed three deals this week to procure nearly 1 gigawatt of solar power as it races to power its lofty AI ambitions.

The trio of agreements brings Meta’s total solar purchases to over 3 gigawatts of capacity this year. Solar is cheap and quick to build, and as a result, it has become a go-to power source for tech companies as their data center fleets multiply in size.

Meta yesterday announced two agreements in Louisiana that see it buying the environmental attributes of a combined 385 megawatts of electricity. Both projects are…