Is this Solar Power plan feasible?

Japan Wants To Turn The Moon Into A Giant Power Plant

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Shimizu Corporation, a Japanese architecture and engineering firm, has a plan to effectively turn the moon into a giant solar power plant, reports Inhabitat. It proposes building a massive collection of solar panels (a “Luna Ring”) 6,800 miles long by 12 miles wide on the moon’s surface.

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If operating in ship-shape, Shimizu says it could continuously send 13,000 terawatts of power back to Earth. By comparison, it took the United States all of 2011 to generate 4,100 terawatts of power.

Sounds cool... but I have no idea.

via JREF Forum http://forums.randi.org/showthread.php?t=269415&goto=newpost