[SPN-Discussion] NY Funders for April 10: Beaming Solar Energy from Space

[Gelvin Stevenson]

Greetings,

 

            It may bring Flash Gordon to mind, but solar energy from space
may finally be getting close. 

 

            On Friday, April 10, Space Energy CEO Stephan Tennsel will
describe the company's plans to place large arrays of solar panels in space,
where sunlight is converted to electricity 24 hours a day. This energy is
safely transmitted back to Earth by radio wave, just like a point-to-point
communication signal such as blue-tooth or a mobile phone call. Main
advantages include a constant energy supply with no day/night cycle, much
stronger levels of sunlight (up to 42x) and the ability to broadcast the
power on demand to any location on Earth.

 

The company is raising, in 3 stages, $12.5M, $50M and $250M to build and
launch a small demonstrator that will orbit the Earth by 2010, transmitting
energy to several key sites. It will also cover total operational costs for
the next two years - the amount of time it will take to complete the
demonstrator. It believes a successful demonstration will trigger contracts
for energy supply. Then it will need $12 billion to build and launch the
first commercial GW strength satellite. Space Energy intends to raise this
as an advance against the energy contracts.

 

Please register now at: NY
<http://store.mountainmedia.com/ceepinc/calendar.cfm?do=detail&d=3191&c=4943
&p=38217>  Funders. 

 

As always, contact me with any questions.

 

Best regards,

Gelvin

 

Gelvin Stevenson, Ph.D.

Program Director 

Center for Economic and Environmental Partnership, Inc.

718-863-4156

917-599-6089

 

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