Wednesday, September 2, 2009

Japan to Invest $21 Billion in Space Solar Power

Mitsubishi, IHI to Join $21 Bln Space Solar Project By Shigeru Sato and Yuji Okada
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.

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