Meta has entered into an agreement to purchase up to 1 gigawatt of space-based solar power from Overview Energy to power its AI data centers, with commercial delivery expected by 2030. This deal positions Meta as one of the first major companies to secure rights for space solar energy capacity, leveraging Overview’s innovative technology that allows satellites to continuously collect sunlight in geosynchronous orbit and transmit low-intensity light to ground projects, ensuring power generation around the clock. Overview plans to conduct its first orbital demonstration in January 2028.
Meta: Meta is a major technology company that operates social media platforms and invests heavily in artificial intelligence infrastructure and data centers. In this agreement, Meta is securing long-term access to space-based solar power to support its expanding AI data center operations and reduce energy procurement challenges.
Overview Energy: Overview Energy is an Ashburn, Virginia-based startup developing satellite-based solar power systems that collect energy in space and beam it to terrestrial solar installations as near-infrared light for conversion to electricity. The company announced this first-of-its-kind capacity reservation agreement with Meta, representing a major validation of its space solar technology for commercial power delivery starting in 2030.
Scale: The agreement grants Meta early access to up to 1 gigawatt of capacity from Overview’s space solar energy system, making Meta one of the first major companies to secure rights for future space solar energy capacity.
Timeline: Overview plans to launch its first satellite demonstration to low Earth orbit in January 2028, with commercial power delivery to Meta expected by 2030.
Technology: Overview’s satellites collect continuous sunlight in geosynchronous orbit and beam low-intensity, near-infrared light to existing solar projects on the ground, enabling power generation around the clock without requiring new land or grid interconnection.
