NRG Energy Invests Approximately $10 Million in eSolar and Will Develop Solar Thermal Power Plants Using eSolar Technology

Today NRG Energy announced that it signed an agreement with eSolar to develop solar thermal power plants with a total generation capacity of up to 500 megawatts (MW) at sites in California and the Southwest.  In addition, NRG will invest approximately $10 million for equity and associated development rights for three projects on sites in south central … Read more

Ausra Obtains $60.6 Million in Equity Financing

Ausra, a Palo Alto, California-based company that develops and deploys utility-scale solar thermal power technology, recently announced it secured $60.6 million in preferred equity financing. This financing was led by KERN Partners and included participation from Generation Investment Management, Starfish Ventures, and Ausra’s founding investors Khosla Ventures and Kleiner Perkins Caufield & Byers. "We are … Read more