The AES Corporation (AES) has entered into two long-term Power Purchase Agreements to support Meta's data centers with 650 MW of solar projects in Texas and Kansas. Also, these projects will provide employment opportunities and economic benefits to communities in Texas and Kansas.
Urvi Parekh, Global Head of Energy,META, said: "These solutions support our goal for 100% clean and renewable energy and will add new generation to the grid in these markets."
AES noted that it has now signed 10.1 GW of contractual arrangements with major global hyperscalers, including 7.7 GW of long-term PPAs to build renewable capacity that supports their data center energy needs.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.