Meta Platforms Announces Partnerships for Space Solar and Long-Duration Energy Storage
Meta Platforms (META) has announced partnerships with Overview Energy and Noon Energy to develop space-based solar energy and ultra-long-duration energy storage solutions, aiming to support its AI infrastructure. The projects are expected to demonstrate capabilities by 2028. Meanwhile, Meta faced a regulatory hurdle in China as the NDRC blocked its acquisition of AI startup Manus.
Tickers: $META
Topics: AI Infrastructure Long Duration Storage Meta Platforms Regulatory Restrictions Space Solar Energy