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brightsourceenergy.com

Founded Year

2004

Stage

Debt - II | Alive

Total Raised

$1.135B

Last Raised

$9.2M | 5 yrs ago

Revenue

$0000 

About BrightSource Energy

BrightSource Energy designs, develops, and deploys solar thermal technology to produce high-value electricity and steam for power, petroleum, and industrial-process markets worldwide. BrightSourcea's LPT solar thermal system is designed to minimize impact to the environment and help customers reduce their dependence on fossil fuels.

BrightSource Energy Headquarter Location

1999 Harrison Street Suite 2150

Oakland, California, 94612,

United States

510-550-8161

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Expert Collections containing BrightSource Energy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BrightSource Energy is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

3,935 items

Includes companies working on technology to support renewable energy generation.

BrightSource Energy Patents

BrightSource Energy has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/1/2007

8/23/2011

Solar thermal energy, Renewable energy, Bioreactors, Biotechnology, Energy conversion

Grant

Application Date

8/1/2007

Grant Date

8/23/2011

Title

Related Topics

Solar thermal energy, Renewable energy, Bioreactors, Biotechnology, Energy conversion

Status

Grant

Latest BrightSource Energy News

Concentrated Solar Power Market Size Worth Around US$ 133.43 Bn by 2030

Apr 1, 2022

Companies Covered Abengoa Solar, TSK Flagsol Engineering, Acciona Energy, GE Renewable Energy, Enel Green Power, Suntrace, Shams Power, BrightSource Energy, Inc., CSP Services, ACWA Power, Atlantica Yield PLC, Therminol, SolarReserve, Chiyoda Corporation Report Highlights Based on the application, the utility segment dominated the global market in 2020. This is attributed to the rising number of concentrated solar projects in the developing markets such as Asia Pacific and Middle East. The rapid industrialization and urbanization is a significant factor that is expected to propel the growth of this segment. Based on the technology, the power tower is estimated to be the most opportunistic segment. Cheap cost, improved design, and easy installation are some of the features that are expected to drive the growth of this segment during the forecast period. Ask here for more customization study@ https://www.precedenceresearch.com/customization/1606 Regional Snapshot Asia Pacific garnered a market share of around 42% and led the global concentrated solar power market in 2020. This is attributed to the surging installation of the concentrated solar power plants in the countries like China. Asia pacific is witnessing rapid industrialization and rapid urbanization, which is boosting the need for efficient power supply. Moreover, the rising air pollution levels in the region is encouraging the government and corporate sector to opt for the renewable energy sources. The development of favorable government policies that encourages the adoption of the renewable energy sources is playing a prominent role in the growth of the Asia Pacific concentrated solar power market. North America was the second leading market in 2020. North America is characterized by the increased awareness regarding the carbon emissions, strict laws regarding the environment protection, and government subsidies for encouraging the adoption of the renewable sources of energy. Furthermore, the higher adoption of latest technologies and increased investments in the deployment of the renewable power sources is a significant driver of the North America concentrated solar power market. Developing regions like Middle East is expected to witness a significant growth rate during the forecast period, owing to the rising infrastructural developments coupled with the increased demand for the energy plants. Moreover, the government initiatives and the key strategies adopted by the key market players are contributing towards the market growth. For instance, in 2018, United Arab Emirates increased its sustainable energy capacity and reached 2 GW out of 30 GW due to the commissioning of at Bin Rashid Al Maktoum Solar Park in Abu Dhabi. Market Dynamics Rising efforts to control carbon emission and curb air pollution The increased pollution levels due to the emissions from various sources has resulted in the climate change and harmful impact on the environment. Burning of fossil fuels like coal, oil, and gas is a major factor behind the increased levels of carbon emissions. This has forced the government to take necessary steps to curb the carbon footprint and invest in the development of renewable power technologies. This is a major factor that is expected to drive the market growth. Restraint High initial investments associated with the concentrated solar power technology The components used in the concentrated solar power technology is very costly. The initial investment accounts for 80% of the total cost of installing concentrated solar power technology. Furthermore, additional costs are involved in the maintenance and operation of the systems. Therefore, the high capital investments is the major factor that may hinder the market growth during the forecast period. Opportunity Integration of the concentrated solar power to the hybrid plants The hybrid power plants are capable of using two or more sources fuel to generate power. The solar power is gaining rapid traction across the globe. The availability of the hybrid power plants is capable of utilizing the solar energy for generating power. The rising adoption of the hybrid power plants is expected to have a positive impact on the market growth in the forthcoming future. Related Reports Buy this Premium Research Report@  https://www.precedenceresearch.com/checkout/1606 You can place an order or ask any questions, please feel free to contact at  sales@precedenceresearch.com  | +1 9197 992 333 About Us Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally. For Latest Update Follow Us:

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  • When was BrightSource Energy founded?

    BrightSource Energy was founded in 2004.

  • Where is BrightSource Energy's headquarters?

    BrightSource Energy's headquarters is located at 1999 Harrison Street, Oakland.

  • What is BrightSource Energy's latest funding round?

    BrightSource Energy's latest funding round is Debt - II.

  • How much did BrightSource Energy raise?

    BrightSource Energy raised a total of $1.135B.

  • Who are the investors of BrightSource Energy?

    Investors of BrightSource Energy include VantagePoint Capital Partners, Riverwood Capital, Threshold Ventures, Alstom, DBL Partners and 19 more.

  • Who are BrightSource Energy's competitors?

    Competitors of BrightSource Energy include eSolar, SolarReserve, Solairedirect, Ausra, SkyFuel and 13 more.

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