- Ausra’s EVP, Robert Morgan, let it be known that the company will be closing a $50 million round C this quarter for its linear fresnel reflector-based thermal solar systems. Previous investors in Ausra include Khosla Ventures and KPCB.
- Miasole’s rumored huge funding round is still in the works. Morgan Stanley, many of their existing investors, and some new investors are involved in the reputed $200 million investment at a greater than $1 billion valuation.
- Miasole has joined Solyndra in the $1 billion valuation with a zero dollar revenue club. Solyndra is a secretive CIGS manufacturer with several hundred employees at a presumptive massive burn-rate. The Prometheus Institute groups Solyndra in the low-concentration PV category in the institute’s CSP research. Solyndra has raised massive amounts of capital based on the bright promise of its technology. According to a lawyer colleague at a Silicon Valley law firm – Solyndra had even started doing some IPO paperwork earlier this year.
- John Woolard, Bright Source Energy’s CEO, has steered his Heliostat-based power tower CSP company to big funding and to major megawatt contracts with PG&E. Despite the massive scale and technology in his firm, Mr. Woolard recommends “painting your roof white and your water heater black� as a real contribution to energy conservation.
- Solar Junction is another secretive solar firm involved in CPV. NEA is an investor as evidenced here and here. The pugnaciously non-communicative trio of Solar Junction staffers (including CEO Jim Weldon and VP Craig Stauffer) confirmed that their funding was “north of $3 million,� their goal is very high efficiency triple junction cells for CPV systems, and that the “secret is in the EPI.�
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