PG&E Inks Out of this World Deal for Power [UPDATED]
California’s biggest utility PG&E is seeking approval from state regulators for a power purchase agreement with Solaren Corp., a Southern California company that has contracted to deliver 200 megawatts of clean, renewable power over a 15 year period, beginning in 2016. Power from out of this world, that is. Solaren says it plans to generate the power using solar panels in earth orbit, then convert it to radio frequency energy for transmission to a receiving station in Fresno County. From there, the energy will be converted to electricity and fed into PG&E’s power grid. UPDATE: The California Public Utilities Commission gave its approval yesterday to the project giving it the green light to proceed.
