We currently make around 1 TW of photovoltaic cells per year, globally. The proposal here is to launch that much to space every 9 hours, complete with attached computers, continuously, from the moon.
edit: Also, this would capture a very trivial percentage of the Sun's power. A few trillionths per year.
Finally, if we limited ourselves to earth-based raw materials, we would eventually reach a point where the remaining mass of the earth would have less gravitational effect on the satellite fleet than the fleet itself, which would have deleterious effects on the satellite fleet.
Seven reasons are intuitive; I’m sure there are many others.
There is plenty of material in the solar system (see my other response), and plenty of orbits, and launch capability can scale with energy harvested so the launch rate can grow exponentially.
Lots of people will probably decide they don't want any more satellites. But it only takes a few highly determined people to get it done anyway.
That's how that argument sounds like, particularly when you hear it from someone who is as broke as it can be.
It's easy to type those ideas in a comment, or a novel, or a scientific paper ... bring them to reality, oh surprise! that's the hard part.
1: The dumb version to invest