Mark Zuckerberg‘s Meta Platforms Inc. (NASDAQ:META) has announced a partnership with space startup Overview Energy to utilize space-based solar energy for Meta’s data centers by the end of this decade.
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.
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