Meta Platforms (META.O) has signed an agreement with Overview Energy to secure power from the startup's space-based solar energy infrastructure ​for the Facebook parent's data centers by the end ‌of the decade.

Overview Energy is developing a system that can collect solar energy in space and beam it to facilities on the ground ​for power generation around the clock. Initial orbital demonstration ​of the system is expected in 2028, with commercial ⁠power delivery in 2030, the companies said.

The agreement grants Meta ​early access to up to 1 gigawatt of capacity from ​Overview's system, the companies added. Financial terms of the deal were not disclosed.

"Space solar technology represents a transformative step forward by leveraging existing terrestrial ​infrastructure to deliver new, uninterrupted energy from orbit," Nat Sahlstrom, ​vice president of energy and sustainability at Meta, said.

Like its Big Tech ‌peers, ⁠Meta has been securing long-term energy supply deals as the surging use of artificial intelligence and the data center boom put pressure on the existing U.S. power grid. Tech companies ​are also ​turning to new ⁠power sources as they face pushback from environmental and consumer groups.

Meta is building several gigawatt-scale data centers across the U.S., ​including one in rural Louisiana, a project ​U.S. President ⁠Donald Trump has said would cost $50 billion, and span a site comparable in size to a significant part of Manhattan.

The social media giant has ⁠also partnered with ​companies such as Vistra (VST.N), Oklo (OKLO.N) and TerraPower, positioning ​it as one of the leading corporate buyers of nuclear power in the ​world.