70-MW solar facility to support Facebook’s operations in Tennessee –

On
Thursday, The Tennessee Valley Authority (TVA) confirmed that the new 70-MW
solar facility in Madison County, Tennessee, will support Facebook’s operations
in the region. TVA is partnering with Silicon Ranch to develop the carbon-free
energy.

Silicon
Ranch will fund construction of the solar facility and will own and operate the
plant. The project will create 350 construction jobs, with additional employment
for O&M, including ranchers and farmers for land management.

The
facility is expected to come online in fall 2022, with planned interconnection
to the TVA grid through the Jackson Energy Authority distribution system,
pending environmental reviews.

Facebook
will support all its operations with 100% renewable energy, by the end of 2020.
The Madison County project is part of TVA’s Green Invest program,
which helps customers meet their long-term sustainability goals with new
renewable energy projects.

In
2018, Facebook collaborated with TVA to pioneer the Green Invest program. Since
January, Green Invest has generated $1.6 billion in economic activity in TVA’s
service territory.

Read
more clean deals made by Facebook here.

TVA
is a leader in carbon reduction. This year over 60% of TVA’s electricity is
from carbon-free generation. The utility also announced earlier this year an
option to purchase 3,000 acres in North Alabama to facilitate development of utility-scale
solar.

“TVA
is building the energy system of the future, and we are leading the charge by
contracting 1,300 megawatts of utility scale solar in the past two years,” said
Chris Hansen, TVA vice president, Origination & Renewables. “This
public-private partnership demonstrates the strength of TVA’s public power
model to deliver clean, renewable energy at a competitive price to stimulate
investment and jobs that help communities grow across the seven states we
serve.”

“We
are thrilled to be partnering with TVA and Silicon Ranch to bring this new
solar facility to the grid in support of our operations in the Tennessee
Valley,” said Urvi Parekh, head of Renewable Energy at Facebook. “The nearly
450 megawatts of new solar energy we are developing with TVA is an important
part of our goal to support our global operations with 100% renewable energy.”