NRG Energy, Inc. (NYSE: NRG), through its wholly owned subsidiary, NRG Solar, executed a letter of intent to partner with BrightSource Energy to construct, finance, own and operate the largest solar thermal project in the world, the 392-megawatt (MW) Ivanpah Solar Electric Generating System in southeastern California’s Mojave Desert. NRG Solar plans to become the [...]
Tag Archives: Brightsource Energy
US Bur. Land Mgmt approves Brightsource Energy’s Ivanpah Solar Electric Generating System
According to the press release, “BrightSource Energy, Inc., developer of utility scale solar power plants, today announced that the U.S. Bureau of Land Management (BLM) issued its Record of Decision (ROD) for the company’s Ivanpah Solar Electric Generating System. With today’s BLM decision, the Ivanpah project now has all of the necessary permits to commence [...]
Brightsource Energy Raises an Additional $150 Million of Equity Financing
According to the press release, “BrightSource Energy, Inc., developer of utility-scale solar thermal power plants, has raised an additional $150 million in its most recent equity financing. The Series D round brings BrightSource’s total equity financing to more than $300 million and positions the company for significant growth. New investors including Alstom and the California [...]
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