Luz II raises cash for large-scale solar power generation in Cal.

Luz II, an Oakland start-up that designs and builds large solar power plants with new technology, has raised an undisclosed amount of funding from VantagePoint Venture Partners.

The funding is part of a first round the company is still trying to raise.

John Woolard, chief executive, told VentureBeat last week that he took the helm of Luz II recently after studying the solar industry landscape for possibilities. Most of the Luz II’s management is based in Israel,… Continue Reading