The Pacific island of Palau is being proposed as the site to have microwaves beamed down from an orbitting satelite.

http://news.yahoo.com/s/ap/20071223/ap_on_sc/space_power;_ylt=AsXoXCpo8gq2JVCGTeDXtXAPLBIF

At a cost of $800 million, I would think the money would be better invested in say….thin film tech. We need to get the cost of PV down to where it is affordable for Joe Handyman to go to the home center and get a 10 or 15 kilowatt kit. $800 million in seed money would be a good start.

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