SkyFuel raises $17M for solar thermal mirrors

SkyFuel, a manufacturer of components and technologies for solar thermal power generation, has raised a $17 million second round of funding (release via Earth2Tech).

The company’s primary products are a mirrored material called ReflecTech, which could make mirror production for solar thermal plants cheaper, and the SkyTrough, a parabolic reflector.

SkyFuel is also working on a “Linear Power Tower”, which is a Fresnel solar system somewhat like what Ausra uses for its own solar thermal designs. The final product SkyFuel is working on is an energy storage system for when the sun isn’t shining.

Leaf Clean Energy provided the funding round. SkyFuel, based in Albuquerque, New Mexico, had previously taken $1.6 million.

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Tags: deal