Tuesday, July 21, 2009

Solar panel maker is out of this world

By Alexander Haislip

SAN FRANCISCO (Private Equity Week) - Solar panels in space. It sounds more like science fiction than a business, but one early stage company has raised money from investors to launch solar panels into space and use high-powered radio waves to beam back energy to earth...

Because space solar arrays are not affected by cloud cover and other atmosphere impurities and can be positioned in a high orbit to receive the sun's light 24 hours a day, the technology is considered eight to 10 times more efficient than terrestrial solar arrays, according to PG&E.

check out the full story at Reuters.com

No comments:

Post a Comment