RWE and Meta sign 200 MW PPA for Waterloo Solar in Texas

The 200 MW AC Waterloo Solar project PPA expands RWE and Meta’s total offtake to 574 MW across US, with the asset construction set to begin in Texas in late 2025.

By Karthik Srivasthav G 21 Mar 2025 in Project Bytes America Bytes

New Update

The Waterloo Solar project, set to start construction in late 2025, will create 300 jobs and generate $75 million in economic benefits over 40 years. Image Source: RWE

RWE, a Germany-based renewable energy company, has signed a PPA with Meta for the complete 200 MW AC Waterloo Solar project in Texas. Construction is scheduled to begin in late 2025, with RWE overseeing development and operations. The Waterloo Solar project is expected to create 300 jobs, generate $26 million in local economic activity, and provide $49 million in tax revenue over 40 years. As per RWE, this agreement has increased Meta’s total offtake with RWE to 574 MW across Texas, Illinois, and Louisiana. Previously, Meta secured PPAs for the 274 MW AC County Run Solar project in Illinois and the 100 MW AC Lafitte Solar project in Louisiana. RWE has commissioned 1.6 GW of onshore wind, solar, and storage in 2024 and has 4 GW under construction.

#Texas #RWE #PPA #Meta

Advertisment {'id': '67dc6f9c14dd2ed803924e0a', 'source_name': 'RWE', 'source_link': 'https://americas.rwe.com/press/2025-03-17-rwe-and-meta-sign-long-term-power-purchase-agreement/', 'contact_name': '', 'contact_email': '', 'title': '', 'english_title': '', 'summary': '', 'short_description': '', 'banner_url': '', 'banner_description': '', 'content': '', 'primary_category': '', 'categories': '', 'tags': '', 'contributors': '', 'seo_keyphrase': ''}

Advertisment

Scan to join our channel