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Facebook Will Invest Millions in Solar Power

Facebook Will Invest Millions in Solar PowerFacebook Will Invest Millions in Solar Power

Virginia Governor Terry McAuliffe has announced that Facebook is set to invest over $1 billion in the US state. The tech giant will invest $750 million to construct a data center of over 9,000 square meters in Henrico County. In addition, it will spend hundreds of millions building "multiple solar facilities" to power the data center with renewable energy, CNBC reported. Rachel Peterson, Facebook's director of data strategy, added, "When considering new data center locations, we not only look for clean and renewable energy solutions, but great partnerships within the local community, a strong pool of local talent, excellent access to fiber and a robust electric grid. Henrico County and the Commonwealth of Virginia has it all." Facebook has ambitious plans when it comes to sustainability and says it is committed to powering its business with 100% "clean and renewable energy". The US installed almost 2.4 gigawatts of solar energy in the second quarter of 2017, according to the US Solar Market Insight report from GTM Research and the Solar Energy Industries Association.

 

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