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

Enviromena switches on solar farm to power University of Manchester

Enviromena switches on solar farm to power University of Manchester

Solar farm covering 175 acres to provide 72,500MWh of clean electricity a year

clock 26 August 2025 • 3 min read
Greenvolt Group unveils €320m UK renewables investment plan

Greenvolt Group unveils €320m UK renewables investment plan

Renewables developer confirms it has secured fresh investment in support of plans to deliver 1GW of clean energy capacity in the UK by the end of 2028

James Murray
clock 06 August 2025 • 2 min read
Solar panels, heat pumps, and batteries smash installation records

Solar panels, heat pumps, and batteries smash installation records

Latest figures from Microgeneration Certification Scheme reveal market for small scale renewables soared 37 per cent during the first half of the year to 170,000 installations

James Murray
clock 06 August 2025 • 5 min read