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UK innovators get £4.3m to develop space-based solar power

Minister says technology to collect energy and beam it to Earth could help boost UK’s energy security

UK universities and tech companies are to receive £4.3m in government funding to develop space-based solar power.

The technology, which collects energy from the sun using satellite-mounted panels and beams it to Earth, had huge potential to boost the UK’s energy security, the UK’s energy security secretary, Grant Shapps, said.

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