When BrightSource withdrew its IPO this month, the death knell for solar was sounded, as always. The truth is more mundane. According to the always inquisitive Katie Fehrenbacher over at GigaOm who managed to snag a Q&A with the company, BrightSource just doesn’t necessarily need the extra money right now. Its Ivanpah solar thermal project is already fully funded […]
Considered by some as the father of solar thermal electricity generation, Newton Becker, was the founding investor and Chairman of the Board of Luz International – the company that went on to become what BrightSource is today. He died Monday in LA at age 83. Back when, Luz became the largest solar company in the […]
As a Californian, I am very happy that BrightSource Energy has been first to break ground on the new solar power projects in California’s desert. After all, the brains of BrightSource Energy, Israel-based BrightSource Industries, which is responsible for the plant design and engineering, used to be Luz. Luz built the world’s pioneering solar thermal […]