I like it. Can it power IC² solar panels? No, it can't.
For the recipe you could create new items: compressed glowdust (fill the grid with glowstone dust) which has the ability to shine very bright, but it has to be activated by a powerful energy source. For this, create compressed redstone (fill the grid with redstone) which increases the amount of energy for example a lever or a redstone wire gives. Then you could replace redstone and glowstone in the recipe. You could use these items for future lightsources. And of course these items can be back-crafted into the dusts!
