11 Apr '11, 10pm

Google Invests $168 Million in BrightSource’s Ivanpah Plant: Google today said it would invest $168 million in...

Google Invests $168 Million in BrightSource’s Ivanpah Plant: Google today said it would invest $168 million in...

Google today said it would invest $168 million into the Ivanpah solar thermal power plant being erected by BrightSource Energy as the melodrama of solar thermal approaches its boiling climax. The Ivanpah plant, rated at 392 megawatts, is slated to the be first in a series of large solar thermal plants from BrightSource. The company has additional power contracts for 1,300 megawatts with Southern California Edison and 1,310 megawatts with Pacific Gas & Electric. Other developers/technology providers like Solar Reserve, Areva Solar and Solar Millennium have similar plans. Areva is slated to make announcements about large power plant projects soon. The technology underlying Ivanpah and many of the other new projects differs from conventional solar thermal power plants. At Ivanpah, fields of relatively flat, computer-controlled mirrors will focus the heat of the sun onto a wat...

Full article: http://www.greentechmedia.com/articles/read/google-invest...

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