CleanTech OC Daily - 10/25/12

Thursday, October 25, 2012


BrightSource, a solar thermal startup, has raised another $80 million in equity, bringing total funding raised to $615 million. Even after abandoning their IPO, BrightSource has managed to scale up and has a number of projects in development not to mention their solar thermal farm Ivanpah is nearing completion.

At the third annual Advanced Energy Solutions symposium, a number of energy storage experts gave their predictions on the future of transportation. Though not included in the GTM article, Chris Brown from SAIL Capital Partners participated in the symposium on the Investment & Legal Landscape panel. In a related story, Westport Innovations and Clean Energy announced they will take a demonstration Peterbilt 388 heavy haul eighteen-wheeler powered by a natural gas engine from Dallas, TX, to Oklahoma City, OK, using Clean Energy's new network of LNG stations.

The Carbon Disclosure Project (CDP) released its Global Water Report today and revealed that although the risks of droughts and floods are clear and investors are taking notice water, corporations are dragging their feet on important issues. The U.S. is losing water each year and major infrastructure upgrades are needed to put a stop to the loss. You may have heard about a drought-induced bacon shortage, now, international scientists cautioned that water shortages could result in food shortages of all kinds.

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