Meta Platforms has signed an agreement with Overview Energy to secure electricity from space-based solar infrastructure for its data centers by the end of the decade (27/04).

The agreement provides Meta with early access to up to 1 gigawatt of power capacity, though financial terms were not disclosed.

“Space solar technology represents a transformative step forward by leveraging existing terrestrial infrastructure to deliver new, uninterrupted energy from orbit,” said Nat Sahlstrom, Vice President of Energy and Sustainability at Meta.

Overview Energy Targets 2028 Demonstration and 2030 Delivery

Overview Energy is developing a system that collects solar energy in space and transmits it to ground facilities for continuous electricity generation.

An initial orbital demonstration is expected in 2028, while commercial power delivery is planned for 2030, according to the companies.

Rising AI Demand Drives Big Tech Energy Deals

The agreement comes as technology companies secure long-term energy supplies due to increasing demand from artificial intelligence and expanding data center operations.

The surge in energy use is placing pressure on the existing U.S. power grid.

Companies are also exploring new energy sources amid criticism from environmental and consumer groups.

Meta Expands Partnerships Across Energy Sources

Meta is building several gigawatt-scale data centers in the United States, including a project in Louisiana.

Donald Trump has said the project could cost $50 billion and cover an area comparable to a significant part of Manhattan.

The company has also partnered with Vistra, Oklo, and TerraPower, positioning it among the leading corporate buyers of nuclear power globally.

PHOTO: REUTERS/YVES HERMAN

This article was created with AI assistance.

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