According to the news office of the company's Schwabe Holding Company, Ross Technology Group, the Russian technology group has developed a design scheme for the conversion of solar energy into laser-based space-based energy and laser optical systems. It is planned to put this technology into use after 2020.

Sergei Popov, the first deputy general manager of Schwabe Holdings, said: "At present, we have completed our research work. The technical mission plan has been completed and we plan to implement the final stage after 2020: the construction of a solar energy laser conversion system. ."

The laser system will be installed on orbiting satellites. They will convert solar energy into laser light. This technology is an innovative way of obtaining electrical energy, making it less dependent on hydrocarbon energy.

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