BrightSource Energy, Inc. designs and builds large scale solar power plants for its industrial and utility customers worldwide. BrightSource Energy enables industrial and utility companies to lessen their dependency on fossil fuels by providing a low cost, reliable source of clean energy during periods of peak usage. BrightSource Energy’s corporate headquarters are located in Oakland, California. Luz II, Ltd., a wholly owned subsidiary of BrightSource, provides product development and engineering, project engineering and management, and solar field manufacturing and supply services. Luz II is headquartered in Jerusalem, Israel. The goal of BrightSource Energy is to develop and commercialize new solar thermal technology that can compete with fossil fuel plants. BrightSource Energy’s industry leading technology, Luz DPT
(Distributed Power Tower), is the lowest cost and most reliable method to generate central solar power. To learn more, go to the Luz DPT Technology page. The goal
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 02/07/07 | Series C | 115M | Bay Area Equity Fund, DBL Investors, Draper Fisher Jurvetson ePlanet Ventures, J.P. Morgan Bay Area Equity Fund, VantagePoint Venture Partners, Black River, BP Alternative Energy, Chevron Technology Ventures, Google.org, StatoilHydro Venture | Unknown |
| 05/01/10 | Series D | 150M | VantagePoint Venture Partners, Draper Fisher Jurvetson, Morgan Stanley, Alstom | Unknown |
| 01/01/11 | Series E | 1.75M | Unknown | |
| View more financial info about BrightSource Energy | ||||
People
Jack Jenkins-Stark (CFO)
Joshua Bar-Lev (VP Regulatory Affairs)
Douglas Divine (VP Project Management)
Charles Ricker (SVP Marketing & Business Development)
Jim Eats (Board Member)
View more details about all 12 people at BrightSource Energy