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Will burning birds shut down Brightsource, world’s largest solar thermal power plant?

The switch was flipped this week as California’s Ivanpah solar thermal power plant went live. The 392 megawatt concentrating solar plant (CSP) is now delivering renewables to power the equivalent of 140,000 homes in California. After a long journey lasting decades of development, fighting regulations, manoeuvring around turtle conservationists, burning birds may be the latest problem.

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Why BrightSource Did not Need that IPO

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 […]

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Israel’s BrightSource Still Private After IPO Withdrawal

Concentrated solar power company BrightSource doesn’t wear its Israeli identity on its sleeve. “We’re a U.S. company with Israeli engineering, not an Israeli company. It’s a nuance but important to get right,” Keely Wachs, senior director of corporate communications for BrightSource, wrote in an email message. And with an American President and CEO named John […]

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Has Israel Become a Petrostate?

Why does Israel so lag Arab neighbors like Morocco and Egypt in its renewable energy production? I do not understand how the nation that invented CSP solar thermal - the solar energy that now powers much of the worlds gigantic utility-scale solar plants - can be just now announcing some tiny 35 MW solar project as its "largest ever!" - and Spain's Solaer group that is supposedly to build it; doesn't even have a website - when Morocco is building its first 500 MW plant with international energy giant Siemens. Can anyone tell me what's going on? I have never lived in the Middle East region, unlike the rest of the local bloggers here at GreenProphet - perhaps I'm missing something that is rather obvious to the rest of you. In the US, only our fossil states are as backward in renewable energy development.

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BrightSource Offers World’s Biggest Solar Storage Deal

Another world’s first for the Israeli-born solar power giant that pioneered solar thermal. BrightSource Energy announced this week that they could chop down the size of their giant 750 MW project in California by 200 MW and yet still make the same 4,000 gigawatt-hours a year of power they are contractually required to produce for California, by […]

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BrightSource Solar Raises Another $122 Million

Israeli Solar energy company BrightSource is the child, but the real father of solar thermal technology. SEC filings show BrightSource Energy Inc has raised $122.5 million in its fifth round of financing, according to Israel’s Globes.The company says it raised the capital in shares and warrants, as part of a planned $125 million offering. BrightSource […]

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Israel Cleantech Intelligence: Solar Power Wars and 10 More Headlines

BrightSource’s latest deals, Tel Aviv’s light rail, EUREKA in Israel and more headlines related to Israeli cleantech and the environment. Innowattech and the Israel National Roads Company (INRC) have developed a new technology that can detect overloaded trucks without their having to stop. Natural building techniques are being reintroduced to Bedouins in Israel’s south and […]

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Global Investment Plummet Hits Israeli Cleantech Companies… Except BrightSource and Ormat

A slow recovery in the global cleantech sector has left many Israeli companies without VC funding and media coverage, while BrightSource Energy and Ormat Technologies continue to thrive. The decrease in VC investments in cleantech companies over the past year and in particular Q3 is raising questions about the cleantech industry’s recovery. According to NASDAQ, […]

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Meet BrightSource's Arnold Goldman

Builder of Jerusalem and Israeli solar energy company Brightsource. Meet Arnold Goldman. Image via NYTimes. Serious philosophers rarely make good businessmen. But solar energy innovator Arnold J. Goldman is no navel-gazer. Goldman heads Jerusalem-based BrightSource Industries and its California-based parent, BrightSource Energy, which is contracted to deliver more than 2,600 megawatts of solar electricity in […]