Meta says it signed a deal for up to 1GW of space solar energy from Overview Energy, which seeks to collect sunlight in satellites and is planning a 2028 demo (Riley Griffin/Bloomberg)
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- Meta signs a deal with Overview Energy for up to 1 GW of space‑solar power.
- Overview Energy aims to demonstrate satellite solar collection and beamed power by 2028.
- Meta will use the beamed energy to run its AI data centers at night, reducing grid electricity use.
Why it matters: Meta gains a renewable 1 GW power source for its AI workloads, cutting electricity costs and carbon emissions; the deal creates a new market for space‑solar firms and pressures traditional energy providers.
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