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Solaren

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Namestring
Solaren
Legal namestring
Solaren Corporation
Company typeenum
Private
Founded yearint
2006
Descriptiontext

Solaren Corporation is a privately held, Manhattan Beach, California-based energy and aerospace company developing space solar power (SSP) plants. The company's core technology collects solar energy in geostationary Earth orbit via Solar Power Satellites (SPS), converts the electricity to radio frequency (RF) energy, beams it to Earth-based Ground Receive Stations (GRS), and converts the RF directly into grid-deliverable electricity. The system is designed to deliver 24/7 dispatchable baseload power, with claimed zero CO2 emissions per MWh, 8–13% of the waste heat of conventional baseload plants, and no water consumption for thermal cooling. The architecture rests on a patented ultra-lightweight SSP satellite design reported to be an order of magnitude lighter than prior gigawatt-class concepts, with corresponding patents granted in the United States, European Union, China, Japan, India, Canada, Russia, and Brazil.

The planned product portfolio comprises a megawatt-class SSP prototype targeted for mid-2020s launch, a first commercial 250 MW plant intended to deliver baseload electricity to California, and follow-on production plants at 250–2,000 MW per Ground Receive Station. Supporting groups include an SSP Plant Command and Control Center, an Electricity Sales Group, and an Advanced SSP Technology Group pursuing improvements in solar cells, solid-state power amplifiers, ground receive antennas, ultralight structures, and thermal management. The business model is to own and operate SSP plants and sell baseload electricity under long-term (15–25 year) power purchase agreements (PPAs) with electric utilities and government customers at wholesale renewable pricing plus a premium for assured supply.

Solaren is pre-revenue and operates with 1–10 employees. A first-of-kind PPA with Pacific Gas & Electric, originally targeted for 2016–2018 delivery, was mutually terminated in 2015 due to inability to secure commercial financing following the banking crisis. Space solar power has been certified by the California Energy Commission as a Renewable Portfolio Standard-eligible solar resource, and the company was approved as a California solar energy provider. Cumulative disclosed funding is approximately $5 million, including a $2.5 million Series D initial closing in Q1 2023 and a related SEC Form D exempt offering of $5,004,000. Leadership includes Founder/Chairman/President/CEO Gary T. Spirnak (formerly Boeing Satellite Systems, Hughes, US Air Force) and Co-Founder/Chief Engineer Dr. James E. Rogers (formerly Hughes Aircraft, four spacecraft patents), with Michael R. Peevey (former CPUC President and former SCE President) joining the Board of Directors in June 2023.

Short descriptiontext

Solaren Corporation is a privately held Manhattan Beach, California-based aerospace and energy company developing space solar power plants that collect solar energy in geostationary orbit and beam it as radio frequency to ground stations for 24/7 baseload electricity sales to utilities and governments under long-term PPAs; the company is pre-revenue with a first 250 MW commercial plant targeted within the decade.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersManhattan Beach, United States
HQ citystring
Manhattan Beach
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
space solar power, baseload electricity generation, radio frequency power beaming, satellite solar arrays, renewable energy systems
Industry2 codes
1PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations)
CodeEUACAGACPrimaryYes
2Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring)
CodeEUAMABAHPrimaryNo
NAICS code1 code
  • Solar Electric Power Generation221114
SIC code2 codes
  • Electric Services4911
  • Cogeneration Services & Small Power Producers4991
Product category
Space Solar Power Generation
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Baseload Electricity Sales via PPAs
TypeSubscription Recurring
Description

Solaren generates revenue by selling baseload (24/7) electricity to utility and government customers through long-term power purchase agreements (PPAs) typically lasting 15-25 years. Electricity pricing is typically wholesale renewable pricing plus a premium for long-term assured supply. The company owns and operates its space solar power plants.

solarenspace.com
2Space Solar Power Plant Ownership and Operations
TypeManaged Services
Description

Solaren's business model is to own and operate its space solar power plants and sell baseload electricity to utility and government customers. The company retains ownership of the solar power satellites and ground receive stations.

solarenspace.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Pricing details1 tier
1Baseload Power Purchase Agreement - Long-term electricity supply contract for 24/7 renewable power delivery.
ModelSubscriptionBilling cadenceMulti-year contract
Notes

Pricing for baseload PPAs is typically wholesale renewable pricing plus a premium for long-term assured supply, with contract terms of 15-25 years. Specific price per kWh not publicly disclosed.

solarenspace.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Solaren designs, develops, integrates, launches, and plans to operate Space Solar Power (SSP) plants. Solar Power Satellites deployed in geostationary Earth orbit collect solar energy continuously (24/7), convert it to radio frequency (RF) energy, and beam it to Ground Receive Stations on Earth where RF is directly converted to electricity and delivered through the grid. The company sells this baseload renewable electricity to utilities and government customers via long-term (15–25 year) Power Purchase Agreements.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 0 pounds of carbon dioxide per MWh vs. 1,000-2,000 lbs for fossil fuel plants
+2 more records
Product overview1 text field

Solaren is an energy and aerospace company developing space solar power (SSP) plants. The company offers a unified system comprised of three core components: Solar Power Satellites (SPS) deployed in geostationary Earth orbit that collect solar energy 24/7, Ground Receive Stations (GRS) that convert RF power beams to electricity for delivery to utilities, and an SSP Plant Command and Control Center for operations management. Supporting these is the Electricity Sales Group for long-term power purchase agreements and the Advanced SSP Technology Group for R&D on efficiency improvements. The company plans a 250 MW SSP Plant as its first commercial demonstration, with follow-on gigawatt-class Production plants planned.

Product and service5 records
1Space Solar Power (SSP) Plant
CategorySpace-based solar power generation
Description

An integrated Space Solar Power plant that collects solar energy in geostationary Earth orbit (GEO) 24 hours a day, converts it to radio frequency (RF) power, beams it to a Ground Receive Station on Earth, and directly converts the RF beam to electricity for grid delivery; operated by Solaren for baseload power supply to electric utilities and government customers under 15–25 year Power Purchase Agreements.

2Baseload Electricity Supply via Long-Term Power Purchase Agreements (PPAs)
CategoryBaseload renewable electricity supply (utility/government PPAs)
Description

Long-term (typically 15–25 year) Power Purchase Agreement contracts to deliver clean, zero-carbon, renewable baseload electricity 24/7 to electric utilities or government customers, priced at wholesale renewable rates plus a premium for long-term assured supply.

3Solar Power Satellite (SPS)
CategorySpace-based solar power generation (orbital segment)
Description

The orbital segment of the SSP plant deployed in geostationary Earth orbit that collects the Sun's energy via solar arrays, converts the electricity to RF energy, and transmits the RF power beam to the Ground Receive Station; owned and operated by Solaren as part of its integrated SSP plant offering.

4Ground Receive Station (GRS)
CategorySpace-based solar power generation (ground segment)
Description

Earth-based receiving station that collects the RF power beam transmitted from the Solar Power Satellite, directly converts RF energy to DC electricity without thermoelectric conversion, and delivers it to the customer via the power grid interconnect; planned capacities of 250–2,000 MW per station.

5SSP Plant Command and Control Center
CategorySSP plant operations and control
Description

Secure operations facility that controls Solar Power Satellite systems, manages electricity delivery from the Ground Receive Station to customer delivery points, and monitors the end-to-end energy conversion chain from space to Earth; integral to Solaren's owned-and-operated SSP plant delivery model.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2015-01-01
Description

Solaren and PG&E signed the world's first power purchase agreement for space solar generated electricity, with delivery originally planned for 2016-2018 timeframe. The contract was mutually forgone in 2015 after Solaren was unable to obtain necessary commercial financing following the worldwide banking crisis. PG&E is one of California's largest electric utilities.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Historical US-based space solar power startup that pursued orbital solar collectors and wireless power transmission to Earth. Closest historical direct peer to Solaren in attempting commercial SSP, sharing target customers (utilities) and a comparable RF beaming architecture approach.

TypeDirect peer
Description

UK-based startup developing space-based solar power with wireless power beaming to ground stations. Targets commercial SSP for 24/7 baseload power generation and shares Solaren's wireless RF beaming concept and utility-scale PPA go-to-market.

TypeEmerging player
Description

US space solar power startup founded around 2024 pursuing LEO-based solar collection with infrared laser transmission to ground. More recent entrant in the SSP category pursuing a different transmission modality (optical vs. RF) but comparable orbital collection and utility offtake model.

TypeBroad incumbent
Description

Large-scale US thin-film solar manufacturer and utility-scale solar project developer. Comparable in being a utility-scale solar developer, but terrestrial PV focused; useful benchmark for the renewable baseload competitor set Solaren must beat on cost and dispatchability.

TypeBroad incumbent
Description

Largest US renewable energy developer and operator with deep utility-scale solar and wind portfolio. Comparable go-to-market and customer set (IOUs signing long-term PPAs) but operates on a proven terrestrial model, making it the dominant incumbent Solaren must displace for utility capex dollars.

TypeEmerging player
Description

US residential and commercial solar-plus-storage provider. Comparable in monetizing solar via long-duration subscription-like customer contracts but serves distributed rather than utility-scale baseload markets.

TypeOthers
Description

Supplier of balance-of-system components (cabling, combiner boxes, power electronics) for utility-scale solar plants. Comparable on the BOS hardware layer that Solaren's ground receive stations will require; potential supply chain partner or capability benchmark.

TypeBroad incumbent
Description

Largest US operator of nuclear and fossil baseload generation, selling 24/7 dispatchable electricity via long-term contracts. Closest direct incumbent in the baseload PPA market Solaren targets for displacing coal, gas, and nuclear generation.

TypeBroad incumbent
Description

Major US defense and aerospace prime that has built and demonstrated prototype SSP technologies (Sandia/NRL reference designs) with deep GEO satellite and RF beaming heritage. The most credible well-capitalized aerospace peer in the SSP technology category.

TypeOthers
Description

US small and medium-lift launch provider and on-orbit spacecraft builder. Adjacent enabling player whose launch and satellite bus capabilities represent critical supply chain dependencies for Solaren's deployment roadmap.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance10 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Solaren

Space Solar Power Generationsolarenspace.com

Solaren Corporation is a privately held Manhattan Beach, California-based aerospace and energy company developing space solar power plants that collect solar energy in geostationary orbit and beam it as radio frequency to ground stations for 24/7 baseload electricity sales to utilities and governments under long-term PPAs; the company is pre-revenue with a first 250 MW commercial plant targeted within the decade.

What Solaren does

Solaren Corporation is a privately held, Manhattan Beach, California-based energy and aerospace company developing space solar power (SSP) plants. The company's core technology collects solar energy in geostationary Earth orbit via Solar Power Satellites (SPS), converts the electricity to radio frequency (RF) energy, beams it to Earth-based Ground Receive Stations (GRS), and converts the RF directly into grid-deliverable electricity. The system is designed to deliver 24/7 dispatchable baseload power, with claimed zero CO2 emissions per MWh, 8–13% of the waste heat of conventional baseload plants, and no water consumption for thermal cooling. The architecture rests on a patented ultra-lightweight SSP satellite design reported to be an order of magnitude lighter than prior gigawatt-class concepts, with corresponding patents granted in the United States, European Union, China, Japan, India, Canada, Russia, and Brazil.

The planned product portfolio comprises a megawatt-class SSP prototype targeted for mid-2020s launch, a first commercial 250 MW plant intended to deliver baseload electricity to California, and follow-on production plants at 250–2,000 MW per Ground Receive Station. Supporting groups include an SSP Plant Command and Control Center, an Electricity Sales Group, and an Advanced SSP Technology Group pursuing improvements in solar cells, solid-state power amplifiers, ground receive antennas, ultralight structures, and thermal management. The business model is to own and operate SSP plants and sell baseload electricity under long-term (15–25 year) power purchase agreements (PPAs) with electric utilities and government customers at wholesale renewable pricing plus a premium for assured supply.

Solaren is pre-revenue and operates with 1–10 employees. A first-of-kind PPA with Pacific Gas & Electric, originally targeted for 2016–2018 delivery, was mutually terminated in 2015 due to inability to secure commercial financing following the banking crisis. Space solar power has been certified by the California Energy Commission as a Renewable Portfolio Standard-eligible solar resource, and the company was approved as a California solar energy provider. Cumulative disclosed funding is approximately $5 million, including a $2.5 million Series D initial closing in Q1 2023 and a related SEC Form D exempt offering of $5,004,000. Leadership includes Founder/Chairman/President/CEO Gary T. Spirnak (formerly Boeing Satellite Systems, Hughes, US Air Force) and Co-Founder/Chief Engineer Dr. James E. Rogers (formerly Hughes Aircraft, four spacecraft patents), with Michael R. Peevey (former CPUC President and former SCE President) joining the Board of Directors in June 2023.

Solaren firmographics

Firmographics
Name
Solaren
Legal name
Solaren Corporation
Website
https://solarenspace.com
Company type
Private
Founded year
2006
Operating status
Operating
Headcount range
1–10 employees
Short description
Solaren Corporation is a privately held Manhattan Beach, California-based aerospace and energy company developing space solar power plants that collect solar energy in geostationary orbit and beam it as radio frequency to ground stations for 24/7 baseload electricity sales to utilities and governments under long-term PPAs; the company is pre-revenue with a first 250 MW commercial plant targeted within the decade.
Ownership category
akta.pro rank

Solaren industry classification

Industry
Product category
Space Solar Power Generation
NAICS
Solar Electric Power Generation (221114)
SIC
Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
akta.pro primary industry
PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC)
akta.pro secondary industry
Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH)

Keywords

  • Space solar power
  • Baseload electricity generation
  • Radio frequency power beaming
  • Satellite solar arrays
  • Renewable energy systems

Where Solaren is headquartered

Location

Headquarters

HQ city
Manhattan Beach
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Solaren business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

  1. Baseload Electricity Sales via PPAs: Solaren generates revenue by selling baseload (24/7) electricity to utility and government customers through long-term power purchase agreements (PPAs) typically lasting 15-25 years. Electricity pricing is typically wholesale renewable pricing plus a premium for long-term assured supply. The company owns and operates its space solar power plants.
  2. Space Solar Power Plant Ownership and Operations: Solaren's business model is to own and operate its space solar power plants and sell baseload electricity to utility and government customers. The company retains ownership of the solar power satellites and ground receive stations.

Pricing tiers

ModelBillingPrice
SubscriptionMulti-year contractBaseload Power Purchase Agreement - Long-term electricity supply contract for 24/7 renewable power delivery.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Solaren product offering

Product offering

Core offering

Solaren designs, develops, integrates, launches, and plans to operate Space Solar Power (SSP) plants. Solar Power Satellites deployed in geostationary Earth orbit collect solar energy continuously (24/7), convert it to radio frequency (RF) energy, and beam it to Ground Receive Stations on Earth where RF is directly converted to electricity and delivered through the grid. The company sells this baseload renewable electricity to utilities and government customers via long-term (15–25 year) Power Purchase Agreements.

Product overview

Solaren is an energy and aerospace company developing space solar power (SSP) plants. The company offers a unified system comprised of three core components: Solar Power Satellites (SPS) deployed in geostationary Earth orbit that collect solar energy 24/7, Ground Receive Stations (GRS) that convert RF power beams to electricity for delivery to utilities, and an SSP Plant Command and Control Center for operations management. Supporting these is the Electricity Sales Group for long-term power purchase agreements and the Advanced SSP Technology Group for R&D on efficiency improvements. The company plans a 250 MW SSP Plant as its first commercial demonstration, with follow-on gigawatt-class Production plants planned.

Differentiator

Problem solved

Functional benefit

Products and services

  • Space Solar Power (SSP) Plant An integrated Space Solar Power plant that collects solar energy in geostationary Earth orbit (GEO) 24 hours a day, converts it to radio frequency (RF) power, beams it to a Ground Receive Station on Earth, and directly converts the RF beam to electricity for grid delivery; operated by Solaren for baseload power supply to electric utilities and government customers under 15–25 year Power Purchase Agreements.
  • Baseload Electricity Supply via Long-Term Power Purchase Agreements (PPAs) Long-term (typically 15–25 year) Power Purchase Agreement contracts to deliver clean, zero-carbon, renewable baseload electricity 24/7 to electric utilities or government customers, priced at wholesale renewable rates plus a premium for long-term assured supply.
  • Solar Power Satellite (SPS) The orbital segment of the SSP plant deployed in geostationary Earth orbit that collects the Sun's energy via solar arrays, converts the electricity to RF energy, and transmits the RF power beam to the Ground Receive Station; owned and operated by Solaren as part of its integrated SSP plant offering.
  • Ground Receive Station (GRS) Earth-based receiving station that collects the RF power beam transmitted from the Solar Power Satellite, directly converts RF energy to DC electricity without thermoelectric conversion, and delivers it to the customer via the power grid interconnect; planned capacities of 250–2,000 MW per station.
  • SSP Plant Command and Control Center Secure operations facility that controls Solar Power Satellite systems, manages electricity delivery from the Ground Receive Station to customer delivery points, and monitors the end-to-end energy conversion chain from space to Earth; integral to Solaren's owned-and-operated SSP plant delivery model.

Quantifiable outcome

  • 0 pounds of carbon dioxide per MWh vs. 1,000-2,000 lbs for fossil fuel plants
  • +2 more outcomes

Companies that use Solaren

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Solaren technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

Solaren partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Pacific Gas & Electric (PG&E)coreStrategic or Co-development Partner · 1 January 2015Solaren and PG&E signed the world's first power purchase agreement for space solar generated electricity, with delivery originally planned for 2016-2018 timeframe. The contract was mutually forgone in 2015 after Solaren was unable to obtain necessary commercial financing following the worldwide banking crisis. PG&E is one of California's largest electric utilities.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Solaren competitors and assessment

Company assessment

Direct peers

  • PowerSat Corporation: Historical US-based space solar power startup that pursued orbital solar collectors and wireless power transmission to Earth. Closest historical direct peer to Solaren in attempting commercial SSP, sharing target customers (utilities) and a comparable RF beaming architecture approach.
  • Virtus Solis (now Space Solar): UK-based startup developing space-based solar power with wireless power beaming to ground stations. Targets commercial SSP for 24/7 baseload power generation and shares Solaren's wireless RF beaming concept and utility-scale PPA go-to-market.

Emerging players

  • Aetherflux: US space solar power startup founded around 2024 pursuing LEO-based solar collection with infrared laser transmission to ground. More recent entrant in the SSP category pursuing a different transmission modality (optical vs. RF) but comparable orbital collection and utility offtake model.
  • Sunrun: US residential and commercial solar-plus-storage provider. Comparable in monetizing solar via long-duration subscription-like customer contracts but serves distributed rather than utility-scale baseload markets.

Broad incumbents

  • First Solar: Large-scale US thin-film solar manufacturer and utility-scale solar project developer. Comparable in being a utility-scale solar developer, but terrestrial PV focused; useful benchmark for the renewable baseload competitor set Solaren must beat on cost and dispatchability.
  • NextEra Energy Resources: Largest US renewable energy developer and operator with deep utility-scale solar and wind portfolio. Comparable go-to-market and customer set (IOUs signing long-term PPAs) but operates on a proven terrestrial model, making it the dominant incumbent Solaren must displace for utility capex dollars.
  • Constellation Energy: Largest US operator of nuclear and fossil baseload generation, selling 24/7 dispatchable electricity via long-term contracts. Closest direct incumbent in the baseload PPA market Solaren targets for displacing coal, gas, and nuclear generation.
  • Northrop Grumman: Major US defense and aerospace prime that has built and demonstrated prototype SSP technologies (Sandia/NRL reference designs) with deep GEO satellite and RF beaming heritage. The most credible well-capitalized aerospace peer in the SSP technology category.

Others

  • Shoals Technologies Group: Supplier of balance-of-system components (cabling, combiner boxes, power electronics) for utility-scale solar plants. Comparable on the BOS hardware layer that Solaren's ground receive stations will require; potential supply chain partner or capability benchmark.
  • Rocket Lab USA: US small and medium-lift launch provider and on-orbit spacecraft builder. Adjacent enabling player whose launch and satellite bus capabilities represent critical supply chain dependencies for Solaren's deployment roadmap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Solaren social profiles

Digital presence

Solaren compliance and trust

Trust signal

Compliance10 records

Solaren financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Solaren leadership team

Management profile

Number of profiles

Profiles3 records

Solaren funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Solaren M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solaren

What does Solaren do?

Solaren designs, develops, integrates, launches, and plans to operate Space Solar Power (SSP) plants. Solar Power Satellites deployed in geostationary Earth orbit collect solar energy continuously (24/7), convert it to radio frequency (RF) energy, and beam it to Ground Receive Stations on Earth where RF is directly converted to electricity and delivered through the grid. The company sells this baseload renewable electricity to utilities and government customers via long-term (15–25 year) Power Purchase Agreements.

Is Solaren a public or private company?

Solaren is a private company. It is classified as venture growth investor backed and is currently operating.

When was Solaren founded?

Solaren was founded in 2006. It employs 1 to 10 people.

Where is Solaren based?

Solaren is headquartered in Manhattan Beach, United States, in the North America region.

How does Solaren make money?

Two revenue lines are on record. Baseload Electricity Sales via PPAs are the primary driver. The others are space Solar Power Plant Ownership and Operations.

Who are Solaren's main competitors?

Direct peers on record are PowerSat Corporation and Virtus Solis (now Space Solar). Emerging players are Aetherflux and Sunrun. Broad incumbents are First Solar, NextEra Energy Resources, Constellation Energy and Northrop Grumman. Others are Shoals Technologies Group and Rocket Lab USA.

Does Solaren have an API?

No public API is recorded for Solaren.

What industry is Solaren in?

Solaren's product category is Space Solar Power Generation. Its primary akta.pro industry code is EUACAGAC, PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations), with a secondary code of EUAMABAH, Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring). Its NAICS code is 221114 and its SIC code is 4911.

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Live signals
GulfNewsSolaren Power expands solar footprint across Philippines with multi-sector project rolloutSolaren Power has expanded its solar installation portfolio across the Philippines, deploying systems across industrial, commercial, institutional, agricultural, and residential segments. The company has accumulated over 100MW of installed capacity across more than 2,500 commercial and industrial installations, serving manufacturing facilities, hotels, retail establishments, educational institutions, and residences. The expansion comes as businesses and households seek to manage rising electricity costs and reduce reliance on conventional grid power amid ongoing industrial growth and urbanization in the country.SecSEC FORM DSolaren Corp filed a Form D with the SEC to report an exempt offering of securities, specifically claiming a Rule 506(b) exemption for equity. The filing indicates that the company has raised a total of $5,004,000 from 109 investors, including non-accredited individuals, with no remaining amount to be sold under this specific notice.SolarenspaceSolaren Raises $2.5M in Series D Financing : SolarenSolaren Corporation raised $2.5 million in its initial Series D financing round, with the closing occurring in the first quarter of 2023. The funds are designated to support the continued development and laboratory testing of the company's Space Solar Power system. Additional financing from this round is expected to close later in 2023.SecSEC FORM DSolaren Corp filed a Form D with the SEC on January 31, 2023, announcing an exempt securities offering under Rule 506(b). The company has raised $2,463,219 of its total target offering amount of $5,004,000 from 94 investors, including four non-accredited investors. The filing indicates the offering is intended to last less than one year and involves equity securities.NanalyzeSpace-Based Solar Power for Energy TransmissionThe article discusses the concept of space-based solar power, which involves orbiting solar arrays transmitting energy to Earth via microwave or laser beams. Several efforts and startups, including Northrop Grumman, Solaren, Solar Space Technologies, Lumi Space, and PowerLight Technologies, are working on developing this technology.TechCrunchPG&E wants to harvest solar energy from spaceSolaren is collaborating with Pacific Gas & Electric to develop space-based solar collectors that convert sunlight to radio waves and beam it to a Fresno, CA station. The energy would then be converted to electricity and distributed on the power grid.