Wednesday, September 1, 2010

Solaren Corp. to Launch Solar Panels into Orbit

Solaren Corp. to Launch Solar Panels into Orbit

Pacific Gas & Electric Company (PG&E) from San Francisco is in the energy sector for decades. They have produced power from atomic energy, natural gas and water. Now PG&E has gone ahead and collaborated with Manhattan Beach start-up called Solaren Corporation. But what put this deal apart from others? Actually Solaren Corporation aims to launch a series of giant solar collectors into orbit 23,000 miles above Fresno. They will beam the energy to earth in the form of radio waves. Now PG&E has finalized a contract with Solaren to buy the power on one condition if they can make the technology work.