Thursday, May 15, 2008

Oakland Solar Company BrightSource Rakes in More Bucks

By Chris Thompson
Thu, May 15, 2008 at 6:58 AM

Looks like that PG&E contract paid off. BrightSource, the Oakland solar energy startup that recently got a gig to build enough solar plants in the Mojave Desert to power 375,000 homes, has just raised at least $115 million in venture capital. The principal investors this round include Google, Morgan Stanley, and Chevron, according to the East Bay Business Times.

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