Reflect Orbital, a new startup, plans to monetize solar energy by providing sunlight to solar farms 24 hours a day.
Reflect Orbital is planning to develop a constellation of satellites that will reflect sunlight to solar farms during nighttime hours, transforming the efficiency and reach of solar energy generation.
This approach addresses the key limitations of solar power: its dependence on daylight. By extending the availability of sunlight to solar farms, enabled by advancements in space technology, Reflect Orbital's technology can significantly increase the contribution of solar energy to the global energy mix.
Reflect Orbital is currently designing its first satellite, marking the next phase in its mission to harness space-based solar power.
This technology not only has the potential to transform the renewable energy sector but also raises questions about the future of energy infrastructure and the role of space in supporting sustainable development.
Efficient transmission of energy over long distances from space or high altitudes remains a challenge. Additionally, the environmental impact of beaming concentrated solar energy through the atmosphere needs careful consideration.
<script type="application/ld+json">
{
"@context": "https://schema.org",
"@type": "Article",
"mainEntityOfPage": {
"@type": "WebPage",
"@id": "https://www.themoney.game/stories/a-new-dawn-for-solar-energy"
},
"headline": "A New Dawn For Solar Energy",
"description": "Reflect Orbital, a new startup, plans to monetize solar energy by providing sunlight to solar farms 24 hours a day.",
"image": "",
"author": {
"@type": "Organization",
"name": "The Money Game",
"url": "https://www.themoney.game"
},
"publisher": {
"@type": "Organization",
"name": "",
"logo": {
"@type": "ImageObject",
"url": ""
}
},
"datePublished": "2024-03-13"
}
</script>
Actions
Pages
Subscribe for newsletter
Stories
“This acquisition serves as a blueprint for how the energy and data center sectors can collaborate to create long-term value while advancing sustainability initiatives,” said Fred Thiel, MARA’s Chairman and CEO.
Story
“The team at StakeStone has been pushing the boundaries of innovation, and we believe their vision to integrate omnichain liquidity with high-performance blockchain networks is a game-changer. This partnership aligns perfectly with our investment philosophy of backing projects that will shape the future of the crypto ecosystem. We look forward to seeing the impact they will make as they scale and drive adoption on a global level”, said Olaf Carlson-Wee, CEO, Polychain Capital.
Story
“We view green finance as an integral part of our sustainability strategy at Equinix. Our green bonds demonstrate Equinix’s continued commitment to design, build, and deliver the most reliable, secure, and sustainable data center and digital infrastructure possible in order to benefit our customers, our investors, and the communities in which we operate,” stated Katrina Rymill, SVP Corporate Finance & Sustainability at Equinix.
Story
Innovators
Scroll
Open
Close