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