Meta Partners with Overview Energy on Space-Based Solar Power Deal
Meta has signed a deal with Overview Energy to secure up to 1 gigawatt of capacity from a space-based solar power system, with commercial delivery expected by 2030. The technology aims to transmit solar energy from orbit to existing terrestrial installations, enabling continuous power generation. The agreement highlights Meta's growing focus on alternative energy sources to support its AI infrastructure.
Tickers: $META
Topics: Corporate energy strategy Data center infrastructure Meta Overview Energy Space-based solar energy