Ausra raises $25.5M for narrowed focus on solar equipment
Ausra, one of the big names in Silicon Valley solar, just brought in $25.5 million to become a primary supplier of solar thermal equipment for utilities and power generation plants. The money couldn’t come at a better time as capital continues to dry up, especially in the cleantech and solar sectors. At the same time, it solidifies the Mountain View, Calif. company’s role as a supplier, and not a builder of plants itself.
Ausra is one… Continue Reading
Ausra picks up $60.6M more to become first solar thermal company on the grid
As badly as the rest of the business world seems to be doing, renewable energy just keeps picking up steam. There has been a string of recent financings going to solar panel makers, financiers that help consumers and businesses buy solar installations, and now solar thermal company Ausra.
Ausra is one of several large, heavily funded startups that use arrays of mirrors to concentrate sunlight on a central receiver containing water, which quickly reaches the boiling… Continue Reading
Ausra rakes in $24.5M for solar thermal power
A little over a month after opening its first 130,000-square-foot factory in Las Vegas, Palo Alto, Calif.-based Ausra, a developer of utility-level solar thermal power, has raised $24.5 million in a third roundof funding from returning investors Khosla Ventures and KPCB. New investor KERN Partners, based in Alberta, Canada, also joined the round.
The company plans on raising more money — enough to bring its total closer to $50 million, according to Earth2Tech — during the… Continue Reading