✉news EnvironmentEnergy first seen 13 h ago, last 16 min ago, peak #7
Virtus Solis Signs 20-Year Space-Based Solar Power Deal
Original: Virtus Solis Signs 20-Year Space-Based Solar PPA With Brae Systems for Up to 250 MW
Space-based solar startup Virtus Solis has signed a 20-year power purchase agreement with Brae Systems for up to 250 megawatts of orbital solar energy. The deal represents a landmark commercial commitment to space-based solar power, a technology long considered speculative. If delivered, it would make Virtus Solis one of the first companies to sell electricity collected in space to customers on Earth under a long-term contract.
Why now: A long-term commercial contract for space-based solar power signals the once-futuristic technology is moving toward real market adoption.
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