GlassPoint manufactures solar steam generators for the oil and gas industry worldwide. GlassPoint systems are designed specifically to operate in harsh oilfield environments and deliver class-leading price-performance. With headquarters in Fremont, California, regional offices in Bakersfield, California, Shenzhen, China and Muscat, Oman, GlassPoint is leading the commercial deployment of solar enhanced oil recovery (EOR) globally.
GlassPoint’s mission is to provide our customers in the oil and gas industry with the most cost effective source of renewable thermal energy.
The energy industry is at a crossroads. With production from existing reservoirs declining and the cost of finding and developing new reserves growing exponentially, it is more important than ever to maximize production from existing resources.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 12/01/12 | Series B | 26M | Unknown |