California plans to harvest solar power from space stations

Futuristic though it may sound, but the state of California has taken a step to harvest solar power from space stations and use it as an energy resource to produce electricity. PG&E , a Californian utility company has signed a deal with Solaren, the company which first took the initiative to launch space based solar panels that will soak up energy from the sun to produce electricity. These solar panels that are being set up in space will beam the absorbed solar energy down at a collecting station that will be located in Fresco using RF (Radio Frequency) transmissions. The energy then will be transferred to the PG&E power grids.

Solaren expects these solar panels to generate 1700 gigawatt-hours of energy per year. For those skeptical of this
project, you should know that PG&E has not invested in it at all and has simply signed an agreement that it will purchase this power when the project is functional in future.

[Trendhunter]