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Space Solar Project Plans to Beam Power to Iceland by 2030

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UK startup Space Solar has partnered with Reykjavik Energy, aiming to make Iceland the first nation to harness space-based solar power. The companies have committed to deploying a 30-MW solar power demonstrator by 2030, which will utilize solar panels stationed in geosynchronous orbit.

Source: TED/YouTube

Space-based solar power has been touted since the 1970s as a solution to the limitations of terrestrial solar panels, such as daily sunsets and weather disruptions. Positioned about 22,236 miles above the Earth, these orbital solar arrays would benefit from nearly constant sunlight, free from atmospheric interferences.

The technology involves converting sunlight into electricity via photovoltaic panels. This electricity is then transformed into microwaves, transmitted to Earth, and converted back into electricity through receiver arrays. Theoretically, just three of these massive orbital stations could supply all of Earth’s power needs.

However, the engineering realities present significant challenges. The sheer size of the solar and receiver arrays would be colossal, and the costs for such a project—both in construction and maintenance—are projected to be substantial. According to NASA, the price of space-based solar power could be up to 80 times more than that of traditional ground-based renewables.

Despite these hurdles, Space Solar is optimistic. The company is already planning to expand the initial demonstrator to a gigawatt-capacity facility by 2036 and is exploring additional sites in Canada and northern Japan for future projects.

Martin Soltau, co-CEO of Space Solar, expresses confidence in the initiative: “Space-based solar power offers unparalleled benefits with competitive energy costs and 24/7 availability,” he stated. “Reykjavik Energy’s recognition of the potential for space-based solar to drive the energy transition is exciting, and we’re thrilled to be working together in partnership toward a sustainable future.”

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