BrightSource Energy
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$16.5m | Series A | ||
$29.9m | Series B | ||
$115m | Series C | ||
$150m | Series D | ||
N/A | $26.0m | Series D | |
$201m | Series E | ||
$168m | Late VC | ||
* | N/A | Support Program | |
$80.0m | Series F | ||
$15.0m | Growth Equity VC | ||
N/A | N/A | Debt | |
Total Funding | CAD1.1b |
Recent News about BrightSource Energy
EditBrightSource Energy, Inc. specializes in designing, developing, and deploying advanced solar thermal technology to generate high-value electricity and steam. The company primarily serves power generation, petroleum, and industrial process markets worldwide. Operating within the renewable energy sector, BrightSource leverages concentrated solar power (CSP) technology to harness solar energy efficiently. The business model revolves around large-scale solar projects, where revenue is generated through the sale of electricity and steam produced by these installations. BrightSource's technology is particularly beneficial for regions with high solar irradiance, making it a key player in the global transition to renewable energy. The company has been involved in significant projects like the Ivanpah Solar Electric Generating System and the Ashalim project, showcasing its capability to handle large-scale solar installations.
Keywords: solar thermal, electricity, steam, power generation, petroleum, industrial processes, renewable energy, CSP technology, large-scale projects, Ivanpah.