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Virtus Solis signs 20-year space solar power deal with Brae Systems
Original: Virtus Solis Signs Landmark 20-Year Space Solar PPA with Brae Systems to Deliver 250 MW of Orbital Baseload Clean Power
Space-based solar company Virtus Solis has signed a 20-year power purchase agreement with Brae Systems to deliver 250 MW of baseload clean power harvested from orbit. The deal, announced via press release, is being billed as a landmark for space solar, a technology that collects sunlight in orbit and beams it to Earth, and would represent one of the first long-term commercial commitments to orbital energy at scale.
Why now: A first-of-its-kind commercial deal for space-based solar power is a notable milestone in the emerging orbital energy industry.
Evidence
- Virtus Solis Signs Landmark 20-Year Space Solar PPA with Brae Systems to Deliver 250 MW of Orbital Baseload Clean Power · PR Newswire
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