Pacific Gas & Electric, which provides the power for much of California, has announced their intention to purchase power from Solaren, a company which intends to put power-harvesting satellites in space, then beam the energy back to Earth. (And has a sci-fi logo to match.)
PG&E is seeking approval from state regulators for a power purchase agreement with Solaren Corp., a Southern California company that has contracted to deliver 200 megawatts of clean, renewable power over a 15 year period.
Solaren says it plans to generate the power using solar panels in earth orbit, then convert it to radio frequency energy for transmission to a receiving station in Fresno County. From there, the energy will be converted to electricity and fed into PG&E's power grid.