Skip to site menu Skip to page content

Daily Newsletter

05 May 2026

Daily Newsletter

Meta, EDPR NA sign PPA for 250MW Cypress Knee solar project

The Cypress Knee Solar project is the third energy agreement between Meta and EDPR NA.

Shree Mishra May 05 2026

EDP Renewables North America (EDPR NA) has signed a long-term power purchase agreement (PPA) with Meta for the 250MW Cypress Knee Solar project to be constructed in Arkansas, US.

The agreement is part of Meta's initiative to align its annual electricity consumption entirely with renewable sources by integrating new energy generation into the grid.

The Cypress Knee Solar project is the third energy agreement between Meta and EDPR NA, bringing their joint energy procurement to 545MW.

Meta clean and renewable energy head Amanda Yang said: “Through our partnership with EDPR, Cypress Knee Solar will bring new generation to the Arkansas grid, creating local jobs and delivering economic benefits to the community. We are proud to expand our collaboration with EDPR.”

The ongoing collaboration is focused on expanding renewable energy infrastructure throughout the US.

Once operational, the Cypress Knee Solar project is expected to generate approximately $25m in revenue for Chicot County, contributing to public services and infrastructure improvements.

The construction phase is set to create several hundred jobs.

Completion of the solar farm is targeted for 2028.

EDPR NA CEO Sandhya Ganapathy said: “Cypress Knee Solar and our broader portfolio of projects with Meta are helping power a reliable, modern US electric grid – the backbone of American innovation and long-term economic growth.

“These investments strengthen local communities, create durable economic value and ensure that progress is built on a resilient, sustainable foundation.

“EDPR NA is proud to work with Meta as we deliver domestic power and advanced infrastructure that reinforce American energy independence and expand economic opportunity nationwide.”

In January this year, EDPR NA commenced commercial operations at Riverstart Solar IV, a 150MW clean energy project in Randolph County, Indiana, US.

Riverstart Solar IV will generate enough electricity each year to power more than 28,800 local homes and businesses, strengthening Indiana’s grid reliability and supporting regional economic growth.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close