California (TGW) – BrightSource Energy has announced that it has raised $115 million from a group of investors that include Google.org and oil giants Chevron and BP.
In April, Google invested $130 million in eSolar.
BrightSource has developed a new solar technology, dubbed distributed power tower, that focuses fields of sun-tracking mirrors called heliostats on a tower containing a water-filled boiler. The sun’s rays superheat the water and the resulting steam drives an electricity-generating turbine.
Via :: Green Wombat