SkyFuel, Inc. is emerging as a world leader in the design and deployment of concentrating solar power (CSP) systems. The company delivers turnkey large-scale solar plants that produce steam for power generation, desalination, wastewater treatment, and other industrial applications. SkyFuel’s solar plants can be integrated into existing facilities using its proprietary FuelSaver™ approach, or can be built as stand-alone solar power plants.
SkyFuel is focused on the development of parabolic trough and linear Fresnel CSP systems, as well as thermal energy storage. With these technologies SkyFuel is creating solar technology that can compete directly with fossil fuels, revolutionizing the energy industry and meeting the energy needs of a modern society while minimizing environmental impact.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 04/01/08 | Series B | 17M | Unknown |