Isn't the sun doing that already pretty successfully?
It also allows for power production without weather getting in the way. So in some hypothetical space solar based future, a rainy region might still be able to rely on solar by having energy beamed down to a farther out station.
Although yeah, there's so much room down here to place panels that doing it from space is probably not economically worthwhile just yet.
Obviously there are a bunch of downsides, because space.
I dread the weaponization of this tech.