Makes perfect sense, no nighttime, panels would have sunlight more than 90% of the time. Loss in transmission would be low with microwaves, could be sent to ground based rectanna of tens of square miles with 80% efficiency, and the power density per square unit area kept within safe limits for living things. Look up facts before you spew.
That's actually not a big problem. It just means you push the panels far enough away from the earth that they can interface with a series of geo-synchronous satellites that are used to transmit the power from the collector to the ground station such that all of them take turns in transmitting the signal to the ground relay satellite (collector -> geo-sync array -> relay -> ground station). Now, power is loss with each transmission, but space being space it's probably still quite efficient.