Posts Tagged ‘ eSolar ’

BrightSource strikes deal with Chevron to build solar plant – to extract oil

This is an interesting news. On 21 Aug 2009, Chevron Corp announced plans to build a solar plant in Coalinga, CA, to create the steam that boosts production at an aging California oilfield, in a pioneering project the company aims to replicate elsewhere if it works, Reuters reported. BrightSource Energy has been tapped by Chevron [ READ MORE ]

Sunrise in India

On 3 Aug 2009, the Indian Prime Minister’s Council approved in principle a Rs 91,684 crore (i.e. 1 trillion rupees or $21 billion; 1 crore = 10 million in Indian numbering system) Solar Mission over a five-year period ending March 2012 to make India a global leader in solar power. The Solar Mission is one [ READ MORE ]

First Solar Downturn?

In this Jan 2009 article, it mentioned that Palo Alto-based Ausra had laid off about 10 percent of its staff and planned to focus on being a technology and equipment supplier instead of independent power producer to begin immediately generating revenue. The solar sector has seen widespread layoffs recently. Jiangsu-based PV manufacturer Suntech Power (NYSE: [ READ MORE ]

BrightSource Energy

About: BrightSource Energy, Inc. provides clean, reliable and low cost solar energy for utility and industrial companies worldwide. The BrightSource Energy team combines nearly three decades of experience designing, building and operating the world’s largest solar energy plants with world-class project development capabilities. The company now has contracted to sell more than 2.6 gigawatts of [ READ MORE ]

Oak Investment Partners

About: Oak Investment Partners is a multi-stage venture capital firm with a total of $8.4 billion in committed capital. The primary investment focus is on high growth opportunities in Broadband Internet and Wireless Communications, Information Technology and Software Outsourced Services, Consumer Internet/New Media, Financial Services Technology, Healthcare Information and Services, Clean Energy, and Retail. Since [ READ MORE ]

Google Ventures

About: There isn’t much information on Google Ventures’ website. It describes itself as “Google Ventures seeks to discover and grow great companies – we believe in the power of entrepreneurs to do amazing things. We’re studying a broad range of industries, including consumer Internet, software, hardware, clean-tech, bio-tech and health care. We invest anywhere from [ READ MORE ]

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