Japan Plans $21 Billion Solar Space Post to Power 294,000 Homes by Ariel Schwartz in Inhabitat.

The concept of space-based solar power was introduced way back in 1968, but it’s only recently that the world has latched on to the idea. Japan is definitely getting in on the action with its latest spacey plan – a $21 billion solar-powered generator in the heavens to produce one gigawatt of energy, or enough to power 294,000 homes.

Mitsubishi, IHI to Join $21 Bln Space Solar Project Kurzweil via Bloomberg

Sept. 1 (Bloomberg) — Mitsubishi Electric Corp.and IHI Corp. will join a 2 trillion yen ($21 billion) Japanese project intending to build a giant solar-power generator in space within three decades and beam electricity to earth.

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