Category: Technology Author : Duncan Riley Posted: May 14, 2008
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Google.org Invests in BrightSource Energy

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Google.org, Google’s philanthropic arm has invested $10 million into BrightSource energy as part of a $115 million round.

BrightSource Energy designs and builds large scale solar plants that deliver low-cost solar energy in the form of steam and/or electricity. The energy delivered is focused on being competitive with fossil fuels, making it economically appealing to industrial and utility customers.

Google said that solar thermal energy generation is a key emerging industry in addressing environmental issues. The investment is part of Google’s REC initiative.

More on BrightSource Energy on their website here.



 

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