Meta invests in SC solar as utilities expect more clean energy-conscious firms to finance projects

A rendering of the $800 million data center under construction in Aiken County by Facebook parent company Meta. (Provided by Meta)

Funding from Facebook is helping to pay for a $100 million solar project in Orangeburg County that otherwise would have cost power companies too much to build.

Power companies expect to ink similar deals on future solar projects in the state, particularly as construction delays and tariffs drive up prices and Congress rolls back federal tax credits incentivizing these projects, according to Cole Price, executive vice president of member services at Central Electric Power Cooperative…

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