Tag Archives: Concentrated Solar Power

Exclusive: Solar Startup SolFocus to Close Series D Soon

A recently deployed SolFocus panel in Juarez, Mexico

Mountain View, Calif.,-based SolFocus, a developer of concentrated solar power technology, expects to close a Series D round of venture funding in the next few weeks. Continue reading Exclusive: Solar Startup SolFocus to Close Series D Soon

Siemens Grows Equity Stake in Italian CSP Developer

Siemens, the German industrial conglomerate, said earlier this week that it was increasing its equity stake in Archimede Solar to 45 percent from 28 percent. Archimede is a joint venture with Angelantoni Industries that develops receivers for Italian CSP solar power plants. Financial terms of the transactions were not disclosed.

Continue reading Siemens Grows Equity Stake in Italian CSP Developer

First Solar Partners with DESERTEC

First Solar Inc. has joined the DESERTEC Industrial Initiative as the first pure photovoltaic solar partner in the green-power-in-the-Sahara venture.

First Solar signed on today as an associated partner for a three-year period and will offer utility-scale PV expertise to DESERTEC, a 400 billion Euro proposal backed by German reinsurance company Munich Re. Continue reading First Solar Partners with DESERTEC

Nuclear Reactor Maker Areva Acquires Ausra

Areva, one of the world’s largest maker of?nuclear reactors,?has acquired Mountain View, Calif., -based solar-thermal equipment maker Ausra, which had been on the auction block, talking to potential buyers?at least sine November.

Paris-based Areva and Ausra did not disclose financial or other terms of the deal. Continue reading Nuclear Reactor Maker Areva Acquires Ausra