Sunraycer Renewables Signs Agreements with Meta for 240 MWac of Solar Projects in Texas

Sunraycer Renewables | Source: PR Newswire | Posted 05/02/2025

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Meta will purchase 100% of the Environmental Attributes from Sunraycer's Midpoint Solar project in Hill County, Texas and the Gaia Solar project in Navarro County, Texas. These agreements will support the construction of the first projects in Sunraycer's 4 GWac portfolio of solar and battery facilities.


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Sunraycer Renewables LLC has announced the signing of two Environmental Attribute Purchase Agreements with Meta Platforms, Inc. for its solar projects in Texas, specifically the Midpoint and Gaia projects. Under these agreements, Meta will acquire 100% of the Environmental Attributes from both projects, which are part of Sunraycer's larger 4 GWac portfolio of solar and battery facilities. The Midpoint Solar project, located in Hill County, will generate 97.5 MWac, while the Gaia Solar project in Navarro County will produce 143 MWac, with both projects expected to commence commercial operations in late Q4 2025.

David Lillefloren, CEO of Sunraycer, emphasized the importance of this partnership in advancing clean energy initiatives and supporting ERCOT's energy diversification. Meta's global head of energy, Urvi Parekh, expressed enthusiasm for the projects, highlighting their alignment with Meta's commitment to using 100% clean and renewable energy. Sunraycer is also expanding its relationships with financing partners and developers through its Accelerant Program, which aims to provide flexible capital solutions and support for smaller developers in the clean energy sector.



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Source Link: https://www.prnewswire.com/news-releases/sunraycer-renewables-signs-agreements-with-meta-for-240-mwac-of-solar-projects-in-texas-302441685.html

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