The Green Way raises $15 – 20M for green planning and design
The Green Way, an Israel-based environmental management company, has secured between $15 and $20 million in second round funding from Shaked Global Group.
Shaked Global also took part in TGW’s first funding round in May, contributing $1 million. Its stake values TGW at several tens of millions of dollars, according to Globes.
Founded in 1997, TGW provides a range of consulting and implementation services for landscaping, irrigation, erosion prevention and waste and wastewater treatment. It also collaborates… Continue Reading
Google joins in $115M investment into solar thermal company, BrightSource
BrightSource Energy, an Oakland, Calif., solar thermal startup, has landed a hefty $115 million funding round from investors including Google to develop its solar power tower technology.
Solar thermal technology is one the leading hopes for alternative energy. It uses like mirrors and lenses to boil water, the steam of which is harnessed to generate electricity.
This third round was led by Google.org, VantagePoint Venture Partners, BP Alternative Energy, Statoil Hydro Venture and Black River; returning investors… Continue Reading
Solel takes whopping $105M investment for solar thermal
This story has climbed beyond the realms of venture capital, but is a good example of a solar thermal company gaining significant traction: Solel, a manufacturer and installer of solar thermal energy generators, has taken in $105 million from London-based investment firm Ecofin.
In the space of the past couple years, the 20 year old Israeli company has taken flight, accumulating contracts and equipment orders and signing agreements to build major generation projects in California and… Continue Reading
Solar thermal gains steam with Ausra deal
updated
California energy utility PG&E has agreed to buy power from a 177-megawatt solar thermal plant to be built by Silicon Valley company Ausra.
Ausra, of Palo Alto, Calif., is applying for a regulatory permit to build on 640 acres of ranch land in California’s San Luis Obispo county.
The idea behind solar thermal power is focusing mirrors on contained water, which then turns to steam that can drive turbines. We last reported on Ausra two months ago,… Continue Reading