Meta Platforms (META) has signed a $100 million, 100-megawatt (MW) solar deal with Silicon Ranch to support the energy needs of its first data center in Orangeburg County, South Carolina. The news comes just when U.S. President Donald Trump vowed to block solar and wind power projects in the country, even as electricity demand outpaces supply in several regions.
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Trump argued that solar projects take up too much land and claimed renewables have driven up electricity prices in the U.S. Meanwhile, Meta and fellow hyperscalers, including Alphabet (GOOGL), Amazon (AMZN), and Microsoft (MSFT), have been investing millions of dollars in nuclear projects and geothermal energy plants to power their massive artificial intelligence (AI) data centers…
