Meta and DESRI are deepening one of Big Tech’s largest clean-energy buying relationships, signing 850 MW of new DESRI Meta power purchase agreements for 2026. The latest contracts push their total contracted capacity to roughly 2,575 MW, underlining how quickly the partnership has grown.
Just as important, the new projects are not scattered in the abstract. They are set for Oklahoma, Texas, and Mississippi, and they combine solar generation with battery storage. That mix shows how corporate energy buying is moving beyond simple megawatt totals and toward grid-ready buildouts.
For Meta, the approach is familiar but increasingly consequential. The company uses long-term renewable energy purchases to match its electricity usage, while developers such as D.E. Shaw Renewable Investments, or DESRI, rely on those contracts to finance new utility-scale construction.
Summary
Meta and DESRI add 850 MW of new contracts
The new DESRI Meta power purchase agreements cover 850 MW for 2026, extending a partnership that now totals about 2,575 MW.
That combined capacity stretches across nine US states, according to the underlying announcement. Meanwhile, the newest batch adds another major tranche of demand-backed renewable energy development at a time when large technology companies are under pressure to secure enough electricity for expanding operations, including data centers.
Why this matters is straightforward: corporate PPAs have become one of the main ways new renewable projects get built. A long-term buyer gives a developer predictable revenue. As a result, large solar and storage projects become easier to finance.
In this case, Meta clean energy purchasing is not only about buying power on paper. It is also helping move a new wave of construction toward the ground stage, with DESRI expecting about 1,110 MW of the overall portfolio to break ground this year.
Where the new projects will be built
The new deals are split across three states:
- Oklahoma: 500 MW
- Texas: 200 MW
- Mississippi: 150 MW
Oklahoma accounts for the largest share by a wide margin, taking 500 MW of the new contracted total. Texas follows with 200 MW, and Mississippi adds 150 MW.
That geographic spread matters because it shows how renewable energy PPAs are being used to support utility-scale installations across multiple regional markets, rather than concentrating everything in one state. For developers, that can broaden the buildout pipeline. For buyers like Meta, it expands the pool of projects available to support long-term electricity matching goals.
Why solar and battery storage matter in the new Meta clean energy portfolio
These projects include both solar and battery storage, a combination that has become increasingly important as large buyers look for cleaner electricity backed by more flexible infrastructure.
Solar alone adds generation. Batteries add timing.
That pairing can make projects more useful to the grid by storing excess electricity for later use, rather than relying only on immediate daytime output. In practical terms, the move toward solar and battery storage suggests the latest portfolio is being built with more than headline capacity in mind.
The new contracts also point to the scale of construction now tied to these long-term deals. DESRI expects around 1,110 MW of the broader Meta-linked portfolio to break ground this year, a pace that underscores how quickly signed agreements can turn into active buildouts.
The company says that construction wave is expected to create hundreds of jobs across the states involved. It has also committed to scholarship funding for high-school students pursuing clean-energy careers in states where the Meta-backed projects are located, though no additional program details were provided.
How Meta’s energy buying model works
Meta has publicly committed to matching its electricity usage with renewable energy purchases. In practice, that means signing long-term contracts and buying renewable energy output tied to new projects.
These arrangements do not necessarily mean a Meta facility is directly running on electricity from a specific solar site at every location. Rather, they allow the company to offset its grid consumption through contracted renewable energy, while in some cases supporting more direct supply where grid connections make that possible.
That distinction is important because it explains why the DESRI Meta power purchase agreements are so closely watched. They are not just procurement deals. They are a financing mechanism that can determine whether a project gets built at all.
What the latest renewable energy PPAs signal for Big Tech
The latest expansion between Meta and DESRI is also a sign of how the power market around tech companies is changing. As electricity demand rises, especially from energy-intensive digital infrastructure, long-duration relationships between corporate buyers and renewable developers are becoming more valuable.
For DESRI, the growing contract total with Meta strengthens one of its biggest customer relationships. For Meta, it adds another layer of contracted clean power at a scale that few companies can match.
And for the broader market, the 850 MW addition is a reminder that renewable energy PPAs are still one of the clearest bridges between corporate climate goals and actual steel-in-the-ground development. With more than a gigawatt of this portfolio expected to break ground this year, the next phase of the partnership will be measured less by press release totals than by how fast those projects move from signed contracts to operating assets.
