The global space based solar power market is projected to account for at least 850 Million USD in 5 years.
Caltech’s Space Solar Power prototype had successfully wirelessly transmitted power in space (in 2023) and beamed detectable power to Earth. It is operational, and this is just one of the many space solar power satellites that are functioning today.
[This article talks about some successful projects](https://the-nexus-now.beehiiv.com/p/special-one), the numbers as well as some relevant context, all in brief. (You’ll probably have to subscribe for free to view it)
A skeptics case is presented here for those that want to look at both sides.
https://spectrum.ieee.org/space-based-solar-power-2667878868
I’d say, without a question, the world is shifting towards renewable energy.
When looking at solar power, space based methods are likely to be way more effective than terrestrial solar panels largely because of the absence of interference like clouds, particles etc in space.
What do you think? If anyone thinks otherwise I’d love to hear your reasoning.
Source: Original-Peach4999