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> There, 24/7 solar power is unhindered by day/night cycles, weather, and atmospheric losses (attenuation).

Wouldn’t the earth still get in the way of the sun or it’s too far away?

Normally yes, but the L1 Lagrange point always would have an unobstructed view of the sun. Granted, L1 is a lot further away than LEO (~3x the distance to the moon), so that makes it harder and more expensive to get to

You don't need to go that far. That's what sun-synchronous orbits are for.

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