Arevon Energy, a renewable energy developer, and Meta Platforms have solidified a partnership through two long-term Environmental Attributes Purchase Agreements (EAPA) for the Kelso Solar Project, situated in Scott County, Missouri.
The Kelso Solar Project is poised to be a pivotal contributor to the region’s energy landscape, boasting a formidable capacity of 349 megawatts (MWac). This development aligns with Meta’s commitment to powering its operations in the area with 100 percent renewable energy sources.
Urvi Parekh, Head of Renewable Energy at Meta, emphasized the company’s unwavering dedication to sustainability, stating, “We meet 100 percent of our energy demand with renewable power, and we continue to invest in clean energy projects as we grow.”
Arevon Energy is set to take the reins in owning and operating the Kelso Solar Project, heralding a wave of economic prosperity for the vicinity. The venture is expected to create over 450 full-time equivalent construction jobs and employ five individuals permanently to oversee and maintain operations throughout its extensive lifespan.
Additionally, land leases with local landowners are projected to yield millions in annual revenue, with over $34 million earmarked for local governments over the project’s duration, a substantial portion of which will directly benefit area schools. The influx of construction activity and sustained operational endeavors will also invigorate local businesses, including retail outlets, eateries, and hospitality establishments.
Kevin Smith, Chief Executive Officer at Arevon, underscored the pivotal role of the Kelso Solar Project in advancing Meta’s global renewable energy objectives, stating, “Through its Kelso Solar Project, Arevon will contribute to Meta’s goal of having its global operations supported by 100 percent renewable energy.”
Anticipation surrounds the Kelso Solar Project’s timeline, with the first phase primed to commence operations in Q4 2025, followed closely by the second phase in Q1 2026.
Headquartered in Scottsdale, Arizona, and New York City, Arevon boasts a portfolio encompassing over 3,500 megawatts (MW) of solar, storage, and solar + storage hybrid assets. Furthermore, the company is actively constructing an additional 1,000 MW of new capacity. Arevon’s expansive pipeline, featuring more than 6 gigawatts of projects in development, underscores its commitment to delivering clean, cost-effective energy solutions to residential and commercial consumers.