Japan to invest $21 billion in space-based solar
I like creative ideas and I love everything related to space. Needless to say I am also a strong supporter of solar energies. Yet, I find that investing 14,7 billion euros in space-based solar is preposterous.
All this money will be invested to see if it is feasible to have one GW of power by 2030, when we need hundreds or thousands. I don’t even want to think of the power loss due to the 36,000 km between the plant and the consumers.
I wonder why Japan is putting so much money on such a project. 2 trillion yen could do some huge stuff in efficiency and more down to earth renewables. (Source: Bloomberg)