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Project Overview

The Mission: New Generation Utility Scale Solar Parks

Our Mission at Space Energy Terrestrial, Inc. is to be the leading developer of new generation utility scale solar parks in the United States. Our parent company Space Energy Inc. is one of the leading developers of commercially viable Space Based Solar Power, and Space Energy Terrestrial Inc. is emerging as a leader in developing the most commercially viable large-scale terrestrial solar parks.

Through the extensive operational and development expertise in alternative energy of our parent company, Space Energy Inc., we have quickly developed core competencies in:

Acquiring power purchase agreements
Developing sites
Sourcing substantial Governmental support and incentives
Ultimately sourcing some of the most state of the art solar panels in the world

The cost of harnessing solar energy has reached a commercially viable level, and continues to improve. This was a 34 Billion dollar industry in 2008, and is projected to grow by 40% annually in the coming years.

Project Overview

Space Energy Inc. is positioned to become the leader in Space Based Solar Energy, and Space Energy Terrestrial Inc. (SET) is dedicated to the development and deployment of solar energy parks and facilities. SET is in on the cutting edge of solar energy technologies, and will be deploying state of the art equipment and construction techniques to maximize energy production, efficiency and profitability. The operations management team of SET brings decades of development and financial experience to the corporation. Their political and economic basis in the United States brings added incentives in the form of current government encouragement. Our unique strategy and alliance with the top technological minds on the planet provide a strong backing and foundation for development. This is the most ideal time in history for the positioning of a renewable energy supplying company – particularly with the simultaneous Federal Governments push for renewable energy that is currently occurring. State governments are mandating utilities to purchase renewable energy (20-30% in CA). SET currently is in negotiations with multiple electrical utility companies to secure long term Power Purchase Agreements (PPA’s) and Interconnection Agreements. (IA’s).

While these agreements are being finalized, SET is also doing feasibility studies and evaluations on multiple potential solar park locations. Areas of immediate consideration are Arizona, California, Colorado, Kentucky, New Jersey, Texas, New Mexico and Mississippi while Space Energy Terrestrial are also pursuing projects with the Native American Nations. SET will also liaise with Space Energy Inc. in locating and developing the Rectenna sites that will be required to receive energy transmissions from satellites deployed by Space Energy in geo orbit.