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Meta inks deal for solar power at night, beamed from space | TechCrunch

Meta signs a capacity reservation to receive up to 1 gigawatt of power from Overview Energy's spacecraft.
Overview plans a space-based system to beam near-infrared light to land solar farms for night-time generation.
The project could help data centers cut fossil-fuel use by expanding night-time solar generation.
Overview expects to launch a low-Earth-orbit satellite in 2028 to begin power transmission from space.
Meta aims to build 30 gigawatts of renewable power with a focus on large solar plants.
The plan envisions a fleet of satellites covering roughly a third of the planet as Earth rotates.
The project introduces a new metric called megawatt photons to measure power delivery.
Meta's data centers used over 18,000 gigawatt-hours of electricity in 2024, highlighting demand for scalable power.
The approach could complement existing solar and storage strategies if scalable.
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