Meta Signs Agreement for Space Solar Power from Overview Energy by 2030 – News and Statistics – IndexBox

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Meta has entered into an agreement to purchase power from Overview Energy, a startup developing space-based solar technology. The source of this information is a report published on April 28, 2026.
Overview Energy plans to launch satellites that will generate solar power in space and transmit it back to terrestrial solar photovoltaic projects. This design aims to enable continuous solar generation around the clock. Under the deal, Meta will receive early access to up to one gigawatt of power from Overview’s space-based system, intended for powering its data centers and artificial intelligence infrastructure across the United States.
Overview stated it intends to launch an initial satellite demonstration in 2028, with commercial power production expected in 2030. The company described its technology as a transformative step that leverages existing ground-based infrastructure to deliver uninterrupted energy from orbit.
The proposed system involves launching satellites into geosynchronous orbit, where they match the Earth’s rotation. These satellites would harvest solar energy and beam it to solar plants on the ground as low-intensity near-infrared light, which would then be converted into electricity. Overview claims that by extending the operational hours of solar installations, the system can significantly increase output without requiring new land, fuel, or lengthy grid interconnection processes. The company asserts that its beam is invisible, less intense than sunlight, and passively safe for humans, animals, and aircraft.
If adopted at scale, this technology could represent a shift in the relationship between renewable energy and artificial intelligence development. Overview’s claim that its system enables solar plants to produce power around the clock would address a key limitation of intermittent, weather-dependent renewables like solar and wind, potentially improving the reliability proposition for data center operators that require near-constant uptime. However, the technology has not yet been deployed, and the intermittency of solar energy is currently largely managed by battery energy storage systems, which have become significantly cheaper in recent years and do not require satellites.
Overview Energy noted that its technology uses proven, commercially available components and is designed for mass manufacturing. The company’s board includes former NASA administrators Jim Bridenstine and Mike Griffin, as well as former Federal Energy Regulatory Commission chairman Joseph Kelliher, who also served as executive vice president of regulatory affairs at NextEra.
The growth of AI and data center infrastructure in the United States has been widely discussed, and major technology firms such as Meta, Amazon, and Google have purchased more renewable energy—primarily solar—than any other organizations in recent years. In the current year, large technology companies have moved from exclusively purchasing power to owning renewable energy assets; for instance, Amazon acquired a 1.2-gigawatt photovoltaic plant from bankrupt developer Pine Gate Renewables, and Google finalized its acquisition of Intersect Power in March.
Overview Energy’s chief executive officer, Marc Berte, stated that space is becoming part of America’s energy infrastructure. He said that the company’s approach to space solar energy enables hyperscalers and technology providers to secure clean power with reliable siting and speed to power, and that together with Meta, the company is looking beyond traditional constraints on where and when power can be delivered to meet growing electricity demand.
Beyond potential solar energy production, the proliferation of satellites in Earth’s orbit has reportedly caused problems for astronomers. Satellites, often privately operated by for-profit companies such as Elon Musk’s Starlink, can obscure or affect images from space telescopes like Hubble. A study published in Nature and led by NASA scientists found that over the next decade, the proliferation of satellites could impact 96% of images taken at major space observation centers.
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