- BrightSource Energy
Infobox Company
name = BrightSource Energy
type = Venture backed private
genre =
foundation = 2004
founder =Arnold J. Goldman
location_city =Oakland, California
location_country = U.S.
location =
locations =
area_served =
key_people = Arnold J. Goldman (Chairman)
John Woolard (CEO)
industry = Solar thermal power
products =
services =
revenue =
operating_income =
net_income =
equity =
owner =
num_employees =
parent =
divisions =
subsid =
homepage = [http://www.brightsourceenergy.com/ BrightSourceEnergy.com]
footnotes =
intl = yesBrightSource Energy is an Oakland, California corporation that designs, builds, finances and operates utility-scale solar power plants that deliver clean, low-cost solar energy to utility and industrial customers worldwide at prices that compete with fossil fuels.
Greentech Media ranked BrightSource as one of the top 10 greentech startups in the world in 2008. [citeweb | url=http://www.greentechmedia.com/articles/4-brightsource-800.html | title=Greentech Media's Top Ten Startups | accessdate=2008-06-11 | date=2008-04-17 | publisher= Greentech Media]
In March 2008, BrightSource entered into a series of power purchase agreements with
Pacific Gas and Electric Company for up to 900MW of electricity, the largest solar power commitment ever made by a utility. [citeweb | url=http://news.cnet.com/8301-11128_3-9907089-54.html | title=BrightSource Energy signs whopper solar contract with PG&E | accessdate=2008-06-11 | date=2008-03-31 | publisher= CNET News] BrightSource is currently developing a number of solar power plants in Southern California, with construction of the first plant planned to start in 2009.Luz II Ltd. is a wholly owned subsidiary of BrightSource Energy, Inc. Based in Israel, Luz II is responsible for solar technology development, plant design and engineering.
BrightSource was formed with seed capital from VantagePoint Venture Partners. It secured $115 million in additional corporate funding from its Series C round of financing in May 2008. This brings the total the company has raised to date to over $160 million. Investors include
Google.org ,BP Alternative Energy,Morgan Stanley ,DBL Investors ,Draper Fisher Jurvetson , Chevron Technology Ventures,StatoilHydro Venture, and Black River. [citeweb | url=http://www.brightsourceenergy.com/Release5-14-08.pdf | title=BrightSource Energy Exceeds $115 million in Latest Round of Funding | accessdate=2008-06-11 | date=2008-05-14 | publisher= BrightSource Energy]References
External links
* [http://www.brightsourceenergy.com/ BrightSource Energy]
* [http://luz2.com Luz II]
* [http://www.vpvp.com/ VantagePoint Venture Partners]See also
*
Solar thermal energy
*Concentrating solar power
*Solar energy
*Solar power tower
*List of solar thermal power stations
Wikimedia Foundation. 2010.
