Actually, lunar-based solar power for Earth is decades old, and was
first patented by
Dr. David R. Criswell in the late 80s. I was working for Dr. Criswell at the California Space Institute in La Jolla in 1985 while he was developing this idea so I know it goes back at least to the mid 80s.
Shimizu Corporation intersects with Dr. Criswell in another way that I just discovered today after searching for his more recent patents.
We've got to attract technological civilization's population away from natural ecosystems into idealized artificial environments such as Shimizu Corporation's design for what it calls the "Green Float". You can house the entire population of civilization in beach-front property on the boundary of a tropical rain forest where people can swim, fish, hunt and gather recreationally, as well as access the height of urban lifestyle. From there space habitats are likely to emerge so that the natural propensity of these "cells" to replicate endlessly needn't destroy Earth's biosphere. Interestingly, I came up with a geometry that looks very similar to that years ago, with the Solar Updraft Tower Algae Biosphere proforma and, over the subsequent years, I found a floating photobioreactor technology that requires little more than 2 layers of polyfilm that has demonstrated production per cost figures far in excess of what I projected in that proforma. Before I ran across Shimizu Corp's Green Float I had further refined the idea based on the Atmospheric Vortex Engine, which, like Shimizu's "Green Float", is ideally sited in the equatorial doldrums and could make use of the central tower of the Green Float. I posted some preliminary thoughts over at the Seastead Institute's blog.
A key problem I attempted to address in my preliminary thoughts was the early market for energy from the Atmospheric Vortex Engines that would form the nuclei for Shimizu's Green Floats. A big problem was the fact that the electric power markets are thousands of miles away from the floating AVEs even if you could build on the order of a terawatt of oceanic power transmission lines thousands of miles long. Early markets are critical for attracting capital -- the lack of which renders such grandiose ideas "non-starters".
I had thought it would be very nice to have a microwave transmission technology that could dynamically switch the power distribution to achieve the holy grail of "dispatchable" power generation for peak loads, but wasn't aware, until just now, that Dr. Criswell's recent revision of his patent serves precisely that purpose.