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Citigroup and Deutsche Work to Secure $6 Billion for US Solar Thermal Plants

Via its US subsidiary Solar Trust of America, LLC, Solar Millennium AG, Erlangen,  has engaged Citigroup and Deutsche Bank to provide advisory services to structure and secure financing for several planned solar thermal power plants across the southwestern US. Each power plant has an expected financing volume of more than one billion US dollar. Together [...]

BrightSource Energy Selects Bechtel to Build a 440 Mwatt Thermal Solar Generation Plant

BrightSource

(Oakland, CA) September 9, 2009 – BrightSource Energy, Inc., developer of large-scale solar thermal energy plants, announced today that it has selected Bechtel, the world’s premier engineering, construction and project management firm, as the engineering, procurement and construction (EPC) contractor for the Ivanpah Solar Electricity Generating System.

The two companies also announced that Bechtel Enterprises, [...]

Tessera Solar and Optiflex Team Up to Develop Solar Thermal Energy in California

SunTracker

Tessera Solar has been selected by Riverside County (California) to develop solar energy projects on county‐owned land at closed landfills and on undeveloped land adjacent to County airports. Optiflex Properties & Development LLC (Optiflex), a real estate and technology development company, is partnering with Tessera Solar to co‐develop and co‐finance the projects. Optiflex specializes [...]

eSolar Unveils it’s Sierra SunTower Plant :The First of Many

eSolar

Company’s Breakthrough Technology Enables New Blueprint for Solar Thermal Deployment

Lancaster, Calif. – August 5, 2009 – With 24,000 mirrors glimmering under the Antelope Valley summer sun, eSolar, a leading provider of modular, scalable solar thermal power technology, today unveiled its 5-megawatt (MW) Sierra SunTower solar power plant. The full-scale power plant, the only power [...]

Solar Millennium and Southern California Edison Sign Deal for 726 Mw of Solar Thermal Power

Solar Millennium

Erlangen, Germany/ Berkeley, California

Solar Millennium, LLC, Berkeley, a wholly-owned subsidiary of Solar Millennium AG, Erlangen (ISIN DE0007218406), signed power purchase agreements with US investor-owned utility Southern California Edison (SCE). The agreements, which are subject to approval of the California Public Utilities Commission, call for the development of two, 242 MW power plants, with [...]

Solar Thermal Company Ausra, Inc Receives the American Society of Mechanical Engineers Stamp of Approval

Ausra

California based Ausra, Inc., a leading provider of large-scale solar steam systems for electricity generation and industrial processes, was recently awarded the “S” Stamp Certificate of Authorization from the American Society of Mechanical Engineers (ASME) for the manufacture of the company’s industrial solar steam power boilers. Ausra is the first and only solar steam [...]

BrightSource Energy Signs Record Solar Thermal Power Deal

from BrightSource Energy.com

BrightSource Energy has much to be proud of lately.  They were the focus of  an article on Solar Thermal Energy in the June 4th print edition of The Economist magazine.  BrightSource has also entered into a series of contracts with California based Pacific Gas & Electric (PG&E) to supply 1,310 MW of [...]

Stirling Energy System Announces A New Division to Manufacture Suncatchers

 

Sterling Energy Systems

Stirling Energy Systems recently announced the launch of a new solar development company named Tessera Solar. Tessera Solar is developing solar power world wide using their patented technology called SunCatchers. Manufacturing of SunCatchers at production volumes will commence in 2010, utilizing Tier 1 automotive suppliers for key components. With over 90% North [...]

California Based Solar Thermal Company CFO named CFO of the Year

BrightSource

BrightSource Energy CFO

Named Bay Area CFO of the Year Jack Jenkins-Stark Honored as Top-Rated CFO for Venture-Backed Company(Oakland, CA) June 5, 2009  BrightSource Energy, Inc., developer of , announced today that Chief Financial Officer Jack Jenkins-Stark has been named the Bay Area’s CFO of the Year. In an annual gathering hosted by the San [...]