Meta–Overview Energy space-based solar capacity reservation — up to 1,000 MW; orbital solar collection beamed via near-IR to existing US ground-based PV receivers; orbital demonstration 2028, commercial delivery target 2030
First-of-its-kind capacity reservation giving Meta preferential access to up to 1 GW of Overview Energy's future space-based solar capacity. Overview's system collects sunlight in orbit and beams it to existing US solar farms via low-intensity near-IR light, extending the operating hours of ground-based PV. Advisory board includes former NASA Administrators Jim Bridenstine and Mike Griffin and former FERC Chair Joseph Kelliher. Speculative timeline (commercial 2030+) but a real signed agreement directly tied to Meta's US AI data-center load.
Deal Value
1,000MW
Capacity
Solar
Technology
Multi-state US
Location
Deal Details
- Deal Type
- Capacity-reservation / forward offtake
- Seller / Sponsor
- Overview Energy
- Buyer / Financier
- Meta Platforms
- Offtaker
- Meta Platforms
- Stage
- Development
- ISO/RTO
- Multiple
- Source
- Meta Newsroom
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