eSolar Gets $130 Million From Google and Others

by Justin Thomas •

eSolar employees put the final touches on the mirrors used to focus sunlight. eSolar is a startup company which is in the process of building solar thermal power plants. It was one of the first startups to earn financial support from Google. This morning it received $130 millions dollars in funding from Google.Org, Bill Gross’ Idealab, Oak Investment Partners, and …


$3 Billion Solar Power Deal Signed By California Utility

by Justin Thomas •

Pacific Gas & Electric today will announce a deal to buy as much as 900 megawatts of electricity. It will be enough to power 540,000 California homes each year, and involve the construction of five solar power plants during the next decade. The company to build the solar-thermal power plants in the Mojave Desert is BrightSource Energy.