BrightSource Energy

http://www.brightsourcenergy.com/

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
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People

Joshua Bar-Lev (VP Regulatory Affairs)

Douglas Divine (VP Project Management)

Charles Ricker (SVP Marketing & Business Development)

Jim Eats (Board Member)

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Competitors

SunRay Renewable Energy: SunRay is an international solar photovoltaics power company. Focused around the Mediterranean Sea, our operations today… See Company Profile »

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