In partnership with Space Solar, Reykjavik Energy, and Transition Labs, Iceland aims to build a solar power plant in orbit, projected to generate up to 30 megawatts of electricity — enough to power thousands of homes. . Iceland could benefit from space based solar energy by 2030 under a new deal between U. Space Solar's first plant, set to be operational by 2030 with an initial capacity. . Space Solar, a leading company in space-based solar power, has partnered with Transition Labs to provide Reykjavik Energy with electricity from the world's first space-based solar power plant.
