Lift off? Space Solar strikes deal to beam power from orbit to Iceland by 2030

Michael Holder
clock • 2 min read
Credit: imaginima / iStock
Image:

Credit: imaginima / iStock

UK firm aims to have first-ever space-based solar power system up and running by end of the decade under offtake deal with Reykjavik Energy

Plans for sci-fi style technology that beams solar electricity from satellites in space down to Earth have taken a giant leap towards lift-off, after a major deal aimed at delivering the first ever commercial...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Solar

Marston's inks £5.4m deal to install solar panels on 120 pub rooftops

Marston's inks £5.4m deal to install solar panels on 120 pub rooftops

Atrato Onsite Energy to finance multi-million-pound pub rooftop solar rollout

Stuart Stone
clock 12 May 2025 • 3 min read
Ribbon cut on 'UK's largest' solar-powered leisure centre in Nottingham

Ribbon cut on 'UK's largest' solar-powered leisure centre in Nottingham

Expansion of solar array expected to save local council over £3.6m over panels' 30 year lifespan

Michael Holder
clock 08 May 2025 • 3 min read
Government considers making solar carports mandatory for businesses

Government considers making solar carports mandatory for businesses

Government launches Call for Evidence to explore benefits of rolling out solar car ports that could save supermarkets, offices, and retail parks tens of thousands of pounds a year

clock 07 May 2025 • 3 min read