 | |
| Type | Venture backed private |
|---|---|
| Industry | Solar thermal power |
| Founded | 2004 |
| Founder | Arnold J. Goldman |
| Headquarters | , |
Key people | David Ramm [1] (CEO)(Chairman) |
| Website | www |
BrightSource Energy, Inc. is an Oakland, California based, corporation that designs, builds, finances, and operates utility-scale solar power plants. Greentech Media ranked BrightSource as one of the top 10 greentech startups in the world in 2008. [2]
BrightSource was formed with seed capital from VantagePoint Venture Partners. It secured $115 million in additional corporate funding from its Series C round of financing in May 2008, bringing the total the company has raised at that time to over $160 million. Investors include Google.org, BP Alternative Energy, Morgan Stanley, DBL Investors, Draper Fisher Jurvetson, Chevron Technology Ventures, Statoil Venture, and Black River. [3] By May 2010, the total amount raised was $337 million. [4]
BrightSource Industries (Israel) Ltd., formerly named Luz II Ltd., [5] is a wholly owned subsidiary of BrightSource Energy, Inc. Based in Israel, BrightSource Industries is responsible for solar technology development, plant design and engineering.
In March 2008, BrightSource entered into a series of power purchase agreements with Pacific Gas and Electric Company (PG&E) for up to 900 MW of electricity. [6] In February 2009, BrightSource contracted to sell power from seven solar power towers in the Mojave Desert to Southern California Edison (SCE). The plants were to have a combined capacity of 1,300 MW, producing 3.7 billion kilowatt-hours per year. The Ivanpah Solar Power Facility, BrightSource's 377 MW, 3,900-acre (16 km2) plant opened on February 13, 2014. [7] [8] [9] The total cost of the Ivanpah project was $2.2 billion. The largest investor in the project was NRG Energy, a power generating company based in Princeton, New Jersey, that contributed $300 million. Siemens supplied instrumentation and control systems as well as steam-turbine generators.
In 2009, BrightSource Energy announced plans to build a 960 MW (1,290,000 hp ) solar thermal power plant in Coyote Springs that would be on line by 2012. [10] In 2010, BrightSource hired Morgan Stanley and Goldman Sachs to begin preparations for a public offering in 2011. Its fourth round of equity financing in May netted $150 million, bringing total equity financing to $330 million to date. [11]
In November 2011, Google announced that they would stop investing in CSP projects due to the rapid price decline of photovoltaics. Google spent $168 million on BrightSource. [12] [13] In December 2011, Google and KKR & Co. announced an agreement to invest in four California solar power PV plants with total capacity of 88 megawatts. [14]
In December 2011, The California Energy Commission (CEC) began to review a proposed 750 MW Rio Mesa Solar Project in Riverside County, California. BrightSource Energy Inc. is the developer for this project. [15] [16] The project was cancelled in 2013. [17]
In 2012, BrightSource Energy proposed to build the Hidden Hills Solar Electric Generating System Project near Charleston View, California. [18] The project was withdrawn in 2015 [19] due to concerns over the effects on wildlife, groundwater, cultural and historical resources in the area along with "lackluster updates" by BrightSource. In addition, then recent Inyo County planning policy changes would prevent large solar thermal plants being built in the county. [20] [21]
In September 2014, BrightSource ended its upcoming California projects, withdrawing its application for a solar thermal power plant at Palen, near Riverside. Biologists, Native American groups, and advocates for Joshua Tree National Park were concerned that the bright light and heat of the Palen project's heliostats would prove fatal for birds. The company shifted its focus to overseas projects. [22] In November 2014, Bright Source announced a joint venture with Shanghai Electric to build "utility scale solar thermal projects," and proposed the "construction of two 135 megawatt (MW) CSP plants as part of the Qinghai Delingha Solar Thermal Power Generation Project." [23]
In March 2016, it was confirmed that BrightSource is supplying technology to Ashalim Power Station. [24]
In September 2016, BrightSource signed a deal to sell its Ivanpah solar farm technology to a Chinese project owned by a state-run energy company. [25]
Arnold Goldman, the founder of BrightSource, died in 2017. [26]
In 2020 it was reported that the main telephone number of BrightSource was directed to voicemail and that the most recent announcement on the website was from 2017. [27]
Solar thermal energy (STE) is a form of energy and a technology for harnessing solar energy to generate thermal energy for use in industry, and in the residential and commercial sectors.
Southern California Edison, the largest subsidiary of Edison International, is the primary electricity utility for much of Southern California. It provides 15 million people with electricity across a service territory of approximately 50,000 square miles. However, the Los Angeles Department of Water and Power, San Diego Gas & Electric (SDG&E), Imperial Irrigation District, and some smaller municipal utilities serve substantial portions of the southern California territory. The northern part of the state is generally served by the Pacific Gas & Electric Company of San Francisco. Other investor-owned utilities (IOUs) in California include SDG&E, PacifiCorp, Bear Valley Electric, and Liberty Utilities.
Solar Energy Generating Systems (SEGS) is a concentrated solar power plant in California, United States. With the combined capacity from three separate locations at 354 megawatt (MW), it was once the world's second largest solar thermal energy generating facility, until the commissioning of the even larger Ivanpah facility in 2014. It consisted of nine solar power plants in California's Mojave Desert, where insolation is among the best available in the United States.
There are several solar power plants in the Mojave Desert which supply power to the electricity grid. Insolation in the Mojave Desert is among the best available in the United States, and some significant population centers are located in the area. These plants can generally be built in a few years because solar plants are built almost entirely with modular, readily available materials. Solar Energy Generating Systems (SEGS) is the name given to nine solar power plants in the Mojave Desert which were built in the 1980s, the first commercial solar plant. These plants have a combined capacity of 354 megawatts (MW) which made them the largest solar power installation in the world, until Ivanpah Solar Power Facility was finished in 2014.
According to preliminary data from the US Energy Information Administration, renewable energy accounted for about 12.6% of total primary energy consumption and about 19.8% of the domestically produced electricity in the United States in 2020.
Solar power includes solar farms as well as local distributed generation, mostly on rooftops and increasingly from community solar arrays. In 2021, utility-scale solar power generated 115 terawatt-hours (TWh), or 2.8% of electricity in the United States. Total solar generation that year, including estimated small-scale photovoltaic generation, was 164 TWh.
Sopogy was a solar thermal technology supplier founded in 2002 at the Honolulu, Hawaii-based clean technology incubator known as Energy Laboratories. The company began its research on concentrating solar thermal energy to produce solar steam and thermal heat for absorption chillers or industrial process heat. The company has also developed applications that incorporate its solar collectors to generate electricity and desalination. Sopogy's name origin comes from industry key words "So" from solar "po" from power and "gy" from energy and technology. The company has its OEM and IPP sales teams along with research and development located in Honolulu, and in 2006 expanded its manufacturing, C&I and oil and gas sales teams in its Silicon Valley facility. Pacific Business News and Greentech Media reported that the VC-funded micro-concentrator solar power firm was shutting down operations based on statements from its President David Fernandez, however Hitachi Power Systems acquired Sopogy in a private transaction in 2014.
The Solana Generating Station is a solar power plant near Gila Bend, Arizona, about 70 miles (110 km) southwest of Phoenix. It was completed in 2013. When commissioned, it was the largest parabolic trough plant in the world, and the first U.S. solar plant with molten salt thermal energy storage. Built by the Spanish company Abengoa Solar, the project can produce up to 280 megawatts (MW) gross, supplied by two 140 MW gross (125 MW net) steam turbine generators: enough electricity to meet the needs of approximately 70,000 homes and obviate the emission of roughly 475,000 tons of CO2 every year. Its name is the Spanish term for "sunny spot".
The Carrizo Energy Solar Farm was a proposed 177 megawatt (MW) solar thermal power plant, to be built by Ausra in California's Carrizo Plain, near Simmler. The location gets less sun than the Mojave Desert, where several other solar thermal plants are under consideration, but is near an existing transmission line from Diablo Canyon Power Plant, reducing the cost and time needed to construct the plant.
Concentrated solar power systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight into a receiver. Electricity is generated when the concentrated light is converted to heat, which drives a heat engine connected to an electrical power generator or powers a thermochemical reaction.
Topaz Solar Farm is a 550 megawatt (MWAC) photovoltaic power station in San Luis Obispo County, California, United States. Construction on the project began in November 2011 and ended in November 2014. It is one of the world's largest solar farms. The $2.5 billion project includes 9 million CdTe photovoltaic modules based on thin-film technology, manufactured by U.S. company First Solar. The company also built, operates and maintains the project for MidAmerican Renewables, a Berkshire Hathaway company. Pacific Gas and Electric will buy the electricity under a 25-year power purchase agreement. According to First Solar, it created about 400 construction jobs.
A solar power tower, also known as 'central tower' power plant or 'heliostat' power plant, is a type of solar furnace using a tower to receive focused sunlight. It uses an array of flat, movable mirrors to focus the sun's rays upon a collector tower. Concentrating Solar Power (CSP) systems are seen as one viable solution for renewable, pollution-free energy.
SolarReserve was a developer of utility-scale solar power projects which include Concentrated Solar Power (CSP) and Photovoltaic (PV) technology. The company has commercialized solar thermal energy storage technology that enables solar power tower CSP plants to deliver electricity day and night. In this technology, a molten salt is used to capture the energy from the sun and store it. When electricity is needed, the stored liquid salt is used to turn water into steam to turn a turbine and generate electricity.
eSolar is a privately held company that develops concentrating solar power (CSP) plant technology. The company was founded by the Pasadena-based business incubator Idealab in 2007 as a developer of CSP plant technology. The company aims to develop a low cost alternative to fossil fuels through a combination of small heliostats, modular architecture, and a high-precision sun-tracking system. In October 2017, an article in GreenTech Media suggested that eSolar ceased business in late 2016.
The use of solar energy began in Israel in the 1950s with the development by Levi Yissar of a solar water heater to address the energy shortages that plagued the new country. By 1967 around 5% of water of households were solar heated and 50,000 solar heaters had been sold. With the 1970s oil crisis, Harry Zvi Tabor developed the prototype of the solar water heater now used in over 90% of Israeli homes. There are over 1.3 million solar water heaters installed as a result of mandatory solar water heating regulations.
Solar power has been growing rapidly in the U.S. state of California because of high insolation, community support, declining solar costs, and a renewable portfolio standard which requires that 60% of California's electricity come from renewable resources by 2030, with 100% by 2045. Much of this is expected to come from solar power via photovoltaic facilities or concentrated solar power facilities.
Solar power in Arizona has the potential to, according to then-Governor Janet Napolitano, make Arizona "the Persian Gulf of solar energy". In 2012, Arizona had 1,106 MW of photovoltaic (PV) solar power systems, and 6 MW of concentrated solar power (CSP), bringing the total to over 1,112 megawatts (MW) of solar power. As an example, the Solana Generating Station, a 280 MW parabolic trough solar plant, when commissioned in 2013, was the largest parabolic trough plant in the world and the first U.S. solar plant with molten salt thermal energy storage.
The Ivanpah Solar Electric Generating System is a concentrated solar thermal plant in the Mojave Desert. It is located at the base of Clark Mountain in California, across the state line from Primm, Nevada. The plant has a gross capacity of 392 megawatts (MW). It deploys 173,500 heliostats, each with two mirrors focusing solar energy on boilers located on three 459 feet (140 m) tall solar power towers. The first unit of the system was connected to the electrical grid in September 2013 for an initial synchronisation test. The facility formally opened on February 13, 2014. In 2014, it was the world's largest solar thermal power station.
Areva Solar was part of the renewable energies portfolio of the French nuclear group Areva, headquartered in Mountain View, California, with offices in the United States and Australia. It designed, manufactured and installed solar steam generators for electric power production and industrial steam uses. Before 2010, the company existed as Ausra Inc. In August 2014, AREVA announced it was shuttering AREVA Solar.
