Space Based Power? Mitsubishi is putting together a consortium

Mitsubishi, IHI to Join $21 Bln Space Solar Project

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.

A research group representing 16 companies, including Mitsubishi Heavy Industries Ltd., will spend four years developing technology to send electricity without cables in the form of microwaves, according to a statement on the trade ministry’s Web site today.

Read the rest of the article at http://www.bloomberg.com/apps/news?pid=20601101&sid=aJ529lsdk9HI