02 Aug '13, 5pm

BrightSource expands into China CSP market - #solar

BrightSource Energy Inc. has signed memoranda of understanding (MOUs) with the China Power Investment Corporation (CPI) and the China Renewable Energy Engineering Institute (CREEI) to develop concentrating solar power (CSP) plants and policies in China. Under the MOU with CPI, BrightSource will be the technology supplier for the first commercial-scale CSP project as part of an energy and environmental cooperation agreement between the U.S. Department of Energy and China's National Energy Administration. The company says it was selected based on its experience with the development of the Ivanpah Solar Energy Generating System in California. BrightSource and CPI will also track CSP technology developments for future cost reductions, work together to pursue relevant policy developments in China and explore collaboration in international markets. Under the CREEI MOU, BrightSou...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

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