✉news EnvironmentEnergy first seen 5 h ago, last 1 min ago, peak #7
Virtus Solis Signs 20-Year Space Solar Power Deal
Original: Virtus Solis Signs 20-Year Space-Based Solar PPA With Brae Systems for Up to 250 MW
Virtus Solis has signed a 20-year power purchase agreement with Brae Systems to deliver up to 250 MW of space-based solar power. The long-term deal represents a major commercial commitment to space-based solar, a still-emerging technology that collects sunlight in orbit and beams it to Earth. If fulfilled, it would mark one of the first real customer contracts for orbital solar energy.
Why now: A rare commercial contract for space-based solar power signals the technology moving closer to practical reality.
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