The project, a collaboration between Iceland’s sustainability initiative Transition Labs and UK-based Space Solar, is expected to power 1,500 to 3,000 homes.
Updated: Nov 02, 2024 06:33 AM EST
In a move that could revolutionize how the world harvests energy and reduce dependence on non-renewable sources, Iceland could become the first country to harness solar power from space. The country’s sustainability initiative Transition Labs is collaborating with UK-based Space Solar and Icelandic energy company Reykjavik Energy to develop a solar power plant located outside the Earth’s atmosphere.
Space Solar’s first plant is designed with an initial capacity of 30MW, providing reliable power continuously, unaffected by weather or time of day. The project aims to deliver cost-effective energy around the clock, setting a new standard for renewable power. Each 30MW solar farm will be transported to orbit in a single launch using SpaceX’s Starship megarocket.
Starting in 2030, the system could generate enough energy to power 1,500 to …
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