# Tuesday, September 15, 2009
Today's News: Mitsubishi Electric Corporation and IHI Corporation are undertaking an ambitious project of $ 21bn. They are aspiring to design and develop a Space-based solar farm that would generate 1GW of power. This will require an area of four square kilometers consisting of rows of solar panels. This space solar farm will be housed 36,000km above the surface of the Earth. A model of the SPS2000, a 10 megawatt demonstration solar-power satellite, has already been designed by the Institute of Space and Astronautical Science (ISAS).Competing, it seems, is our own Californian Solaren Corp. Sometime before 2016, Solaren Corp. plans to launch the world's first orbiting solar farm too.

However we manage to get our electricity in the future, EliteFixtures wants you to know that we plan on keeping our products on Earth, even if some of our ceiling lights look like saucers.


Tuesday, September 15, 2009 11:17:24 AM (Eastern Daylight Time, UTC-04:00)