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Methodology
Space-based solar power (SBSP) involves collecting the sun’s energy in space, and then wirelessly transmitting it to Earth.
Giant mirrors installed in space to collect solar energy
Solar panel convert this energy into electromagnetic radiation
The energy is the beamed back to Earth through lasers
The electromagnetic radiation is again converted to electricity and is distributed to grid.
Advantages :-
40 times more energy
No greenhouse gas emissions
Almost 0% hazardous waste
24 hours power generation
Why Are we Not There yet?
It requires high investments and research before its ready for use.
Research to reduce costs is ongoing and we hope to see space based solar power in near future. Although a few
key players like China and USA are already taking steps to make space based solar power a reality.