Abstract: The invention described herein is an orbiting solar powered, energy collecting, storage and transmitting station. Initially, a large array of solar cells collects and transforms radiant solar energy into moderate amounts of electrical current. This electrical current is fed into a large superconducting coil where it is gradually built up to very high values. The electrical energy is thereby converted and stored in the resulting magnetic field. This magnetic energy is extracted by drawing off the current at very high rates and used to energize a laser or microwave generator for wireless power transmission. Since the discharge of the superconducting coil can proceed at rates many times greater than the charging rate, the resulting beamed power can, over short time intervals, be many times greater than the rate of solar radiation falling on the solar array. Alternatively, the energy can be stored gradually in rotating flywheels for fast rate beaming.