In it's favor, a solar power satellite can get light nearly 100% of the time, while on the ground you are luck to average 50% with rotation and weather.
Just to put some numbers on it, GEO doesn't intersect the Sun-Earth line most of the time. The Earth's shadow touches GEO for a couple of weeks around the equinoxes, resulting in up to 70 minutes of shadow per day in that period. The rest of the time, they're in sun 100% of the time. So, as low as a 95% duty cycle at the worst point in the year, and 100% for most of the year.