News Summary

Meta has announced a groundbreaking partnership with Overview Energy, a startup focused on space-based solar power solutions. This collaboration aims to address the increasing energy demands of Meta’s data centers, which consumed over 18,000 gigawatt-hours of electricity in 2024. Overview Energy plans to launch a fleet of 1,000 satellites capable of beaming infrared light to solar farms at night, enabling continuous power generation. This innovative approach seeks to enhance the efficiency of solar farms and reduce dependence on fossil fuels. The partnership includes a capacity reservation agreement for up to 1 gigawatt of power, marking a significant step forward in sustainable energy solutions for large-scale data centers.