The's trading volume plummets 43.09% to 2.23 billion, ranks 365th in daily market turnover

Generated by AI AgentAinvest Volume Radar
Friday, May 23, 2025 7:55 pm ET1min read
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META--

On May 23, 2025, The's trading volume was 2.23 billion, a decrease of 43.09% from the previous day, ranking 365th in the day's stock market trading volume.

AES and MetaMETA-- have signed long-term Power Purchase Agreements (PPAs) to deliver 650 MW of solar capacity in Texas and Kansas. This agreement is part of Meta's broader strategy to achieve net-zero emissions across its value chain by 2030. The solar projects, managed by AESAES--, will support Meta's data centers and contribute to the company's sustainability goals. Andrés Gluski, AES President and Chief Executive Officer, highlighted the partnership's significance in providing reliable and affordable renewable energy solutions.

Meta has been actively investing in renewable energy to power its data centers. The company has set ambitious targets, including meeting 100% of its operational energy needs with renewable sources by 2020 and adding 9.8 GW of renewable energy to local grids in the U.S. by the end of 2025. The recent agreement with AES is part of a series of renewable energy purchases by Meta, including several Texas-based clean energy deals. Urvi Parekh, Global Head of Energy at Meta, expressed enthusiasm about the collaboration, stating that it supports Meta's goal for 100% clean and renewable energy and will add new generation to the grid in these markets.

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