Meta Teams Up With Overview Energy To Harness 'First-of-Its-Kind' Space Solar Power For Its Data Centers

Overview Energy is developing a system to collect solar energy in space and transmit it to ground facilities for continuous power generation. The companies plan to demonstrate the system in orbit by 2028, with commercial power delivery expected in 2030.

The deal provides Meta with early access to up to 1 gigawatt of capacity from Overview’s system. The financial details of the agreement, however, have not been disclosed.

“Space solar technology represents a transformative step forward by leveraging existing terrestrial infrastructure to deliver new, uninterrupted energy from orbit,” stated Nat Sahlstrom, vice president of energy and sustainability at Meta.

Big Tech Boosts Nuclear And Solar Push

This partnership comes at a time when tech giants are increasingly investing in renewable energy sources amid pushback from consumers and environmental activists. In March, Meta struck a deal with Entergy Corp‘s (NYSE:ETR) Entergy Louisiana that promised an additional $2 billion in customer savings.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.

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