Meta signs energy deals with Overview Energy and Noon Energy for AI data center power

Monday, April 27, 2026Business & MarketsWell-covered3 frames

Meta announced two energy partnerships, with Overview Energy and Noon Energy, tied to powering its AI infrastructure and data centers.
Meta's agreement with Overview Energy gives it access to up to 1 gigawatt of space-based solar power capacity.
Overview Energy's proposed system is designed to collect solar energy in space and beam it to facilities on Earth for conversion into electricity.
Overview Energy is targeting an initial orbital demonstration in 2028 and commercial service or power delivery in 2030.
Meta's separate deal with Noon Energy covers up to 1 GW/100 GWh of ultra-long-duration energy storage.
Meta says the partnerships are meant to provide more reliable, around-the-clock clean power for next-generation AI data centers.
The deals come as technology companies seek new electricity supplies to support growing AI-related power demand.
Key details remain unresolved because Overview Energy's space-solar concept is still being developed and tested, and Meta did not disclose the financial terms of the agreement.

Meta announced two energy partnerships, with Overview Energy and Noon Energy, tied to powering its AI infrastructure and data centers.
Meta's agreement with Overview Energy gives it access to up to 1 gigawatt of space-based solar power capacity.
Overview Energy's proposed system is designed to collect solar energy in space and beam it to facilities on Earth for conversion into electricity.
Overview Energy is targeting an initial orbital demonstration in 2028 and commercial service or power delivery in 2030.
Meta's separate deal with Noon Energy covers up to 1 GW/100 GWh of ultra-long-duration energy storage.
Meta says the partnerships are meant to provide more reliable, around-the-clock clean power for next-generation AI data centers.
The deals come as technology companies seek new electricity supplies to support growing AI-related power demand.
Key details remain unresolved because Overview Energy's space-solar concept is still being developed and tested, and Meta did not disclose the financial terms of the agreement.