It is believed that the successful implementation of the Antenna Solar Energy Conversion (ASEC) to the commercial level would revolutionize the solar energy utilization. Screening suitable materials and technologies by analyzing potential pros and cones all the way to commercial level would conserve much time and resources. Here carbon nanotube (CNT) known as the material of the 21st century is evaluated concerning many aspects to implement ASEC concept. Thermomechanical and electrical properties of CNT as regards to ASEC, interaction of CNT and CNT arrays with optical spectrum and existing and future CNT technologies that have the potential to overcome possible future obstacles are discussed. The economic aspects which govern the future of ASEC concept, with CNT as a basic material are also discussed.