private industry solar thermal power founded 2004 founder arnold j. goldman headquarters oakland california u.s. key people david ramm 1 ceo chairman website brightsourceenergy.com brightsource energy inc. is an oakland california based corporation that designs builds finances and operates utility scale solar power plants . greentech media ranked brightsource as one of the top 10 greentech startups in the world in 2008 . 2 contents 1 history 1.1 shift to overseas projects 2 see also 3 references 4 external links history edit brightsource was formed with seed capital from vantagepoint venture partners . it secured 115 million in additional corporate funding from its series c round of financing in may 2008 . this brings the total the company has raised to date to over 160 million . investors include google.org bp alternative energy morgan stanley dbl investors draper fisher jurvetson chevron technology ventures statoil venture and black river . 3 brightsource industries israel ltd. formerly named luz ii ltd. 4 is a wholly owned subsidiary of brightsource energy inc. based in israel brightsource industries is responsible for solar technology development plant design and engineering . in march 2008 brightsource entered into a series of power purchase agreements with pacific gas and electric company pg & e for up to 900 mw of electricity . 5 brightsource is currently developing a number of solar power plants in southern california with construction of the first plant planned to start in 2009 . needs update in february 2009 brightsource contracted to sell power from seven solar power towers in the mojave desert to southern california edison sce . the plants will have a combined capacity of 1 300 mw producing 3.7 billion kilowatt hours per year . the ivanpah solar power facility brightsource s 392 mw 3 900 acre 16 km2 plant opened on february 13 2014 . 6 7 8 the total cost of the ivanpah project was 2.2 billion . the largest investor in the project was nrg energy a power generating company based in princeton new jersey that contributed 300 million . siemens supplied instrumentation and control systems as well as steam turbine generators . in 2010 brightsource hired morgan stanley and goldman sachs to begin preparations for a public offering in 2011 . its fourth round of equity financing in may netted 150 million bringing total equity financing to 330 million to date . 9 in november 2011 google announced that they would stop investing in csp projects due to the rapid price decline of photovoltaics . google spent 168 million on brightsource . 10 11 in december 2011 google and kkr & co. announced an agreement to invest in four california solar power plants with total capacity of 88 megawatts . 12 in december 2011 the california energy commission cec began to review a proposed 750 mw rio mesa solar project in riverside county california . brightsource energy inc. is the developer for this project . 13 14 in 2009 brightsource energy announced plans to build a 960 mw 1 290 000 hp solar thermal power plant in coyote springs that would be on line by 2012 . 15 as of 2011 the project had not yet broken ground and the production start date had been pushed back to 2014 for the first stage 16 and 2015 for the second stage . 17 as of december 2013 brighthouse is in court with coyote springs over costs associated with brighthouse failing to perform this project . 18 shift to overseas projects edit in september 2014 brightsource ended its upcoming california projects withdrawing its application for a solar thermal power plant at palen near riverside . biologists native american groups and advocates for joshua tree national park were concerned that the bright light and heat of the palen project s heliostats would prove fatal for birds . the company shifted its focus to overseas projects . 19 in november 2014 bright source announced a joint venture with shanghai electric to build utility scale solar thermal projects and proposed the construction of two 135 megawatt mw csp plants as part of the qinghai delingha solar thermal power generation project . 20 see also edit concentrating solar power solar power tower solar thermal energy list of concentrating solar thermal power companies list of energy storage projects list of solar thermal power stations references edit http www.brightsourceenergy.com ramm new ceo . vwyvg9jvhbc greentech media s top ten startups . greentech media . 2008 04 17 . archived from the original on 2008 04 22 . retrieved 2008 06 11 . brightsource energy exceeds 115 million in latest round of funding pdf . brightsource energy . 2008 05 14 . archived from the original pdf on july 3 2008 . retrieved 2008 06 11 . company overview of brightsource industries israel ltd. brightsource energy signs whopper solar contract with pg & e . cnet news . 2008 03 31 . retrieved 2008 06 11 . revkin andrew c. february 11 2009 . california utility looks to mojave desert project for solar power . the new york times . retrieved 2009 02 12 . agreement for 1 300 megawatts of clean and reliable solar thermal power . southern california edison sce . february 11 2009 . retrieved 2009 02 12 . brightsource energy and southern california edison sce power purchasing agreement faqs pdf . brightsource & sce . retrieved 2009 02 12 . by iris kuo venturebeat . brightsource quietly moving towards ipo in 2011 . access date september 22 2010 . google cans concentrated solar power project reve 24 nov 2011 . accessed 25 nov 2011 . marc roca and ehren goossens dec 20 2011 . bp deems solar unprofitable exiting business after 40 years . bloomberg . google renewable energy cheaper than coal re c states news service power engineering . energy commission begins review for rio mesa solar electric generating facility . 12 15 2011 . retrieved 12 16 2011 . california energy commission solarserver . concentrating solar power cec to begin review of 750 mw rio mesa project . 12 15 2011 . retrieved 12 16 2011 . tavares stephanie december 23 2009 . vision for desert solar power plant expands . las vegas sun . retrieved december 23 2009 . brightsource coyote springs 1 pg & e 3 . national renewable energy laboratory . january 21 2011 . retrieved 16 june 2012 . brightsource coyote springs 2 pg & e 4 . national renewable energy laboratory . january 21 2011 . retrieved 16 june 2012 . brightsource coyote springs divorce messy . retrieved 2 june 2014 . hull dana 2014 09 30 . brightsource energy looks abroad . san jose mercury news . retrieved 2014 12 07 . hull dana 2014 11 10 . brightsource s china deal with storage . siliconbeat . retrieved 2014 12 07 . external links edit brightsource rises from luz brightsource energy brightsource industries israel vantagepoint venture partners v t e solar power in the united states solar power energy in the united states by state alabama alaska arizona arkansas california colorado connecticut delaware florida georgia hawaii idaho illinois indiana iowa kansas kentucky louisiana maine maryland 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desert harvest four brothers lamesa mccoy moapa north rosamond north star panoche valley redwood rice roserock silver state south soda mountain sonoran springbok stateline sun streams sunshine valley three cedars westlands white camp willow springs companies abengoa solar ascent solar ausra bp solar brightsource esolar enviromission first solar grape solar heliopower meridian solar practical solar sharp solar skyfuel skyline solar solaren solarreserve solopower sopogy stratosolar stirling energy systems sunedison sunrun yingli organizations american council on renewable energy solar energy industries association residential solar power 1bog citizenre community solar farm heliopower pace financing rec solar sungevity solarcity solarstrong sunlight solar energy sundog solar sunetric sunrun sunpower category commons retrieved from https en.wikipedia.org w index.php title brightsource energy & oldid 738795959 categories solar energy companiessolar energy companies of israelenergy companies of the united statesmanufacturing companies based in oakland californiatechnology companies based in the san francisco bay areahidden categories wikipedia articles in need of updating from november 2010 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran aisitaliano edit links this page was last modified on 11 september 2016 at 03 09 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . 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