BrightSource Energy Overview
BrightSource Energy revolutionize energy management with an AI-powered OASES™ optimization software, providing advanced solutions that optimize renewable energy and storage portfolios. By leveraging cutting-edge technology and data analytics, we empower our clients to make informed decisions that enhance both sustainability and profitability. Through collaboration and innovation, we are shaping the future of clean energy and smart grid solutions.
Latest News
growth-positive
Israel's Megalim solar thermal power plant starts operations
The Megalim solar thermal power plant, a joint venture of BrightSource, GE Renewable Energy, and the Noy Fund, has begun commercial operation in Israels Negev desert. The project, valued at 3 billion shekels ($839 million), uses 50,600 mirrors spread over a 3 square kilometer site. Megalims thermo-solar station will provide electricity to supply about 50,000 households at peak and is expected to contribute about 2 percent of Israels electricity capacity.
Customers
growth-positive
Take a tour of Israel's huge new solar-energy valley in the desert
Negev Energy, a subsidiary of Shikun & Binui Group, is constructing the Ashalim Thermo-Solar Power Station in Israels Negev Desert. The project, funded by international consortiums, is one of the largest renewable energy projects in the world. The power station will generate 121 megawatts of electricity daily using parabolic troughs and thermal oil. It will contribute to Israels goal of 10% renewable energy by 2020. The project meets advanced international environmental standards and promotes social responsibility by employing local residents. The construction phase has provided employment opportunities for residents of the Negev region.
InvestmentExpand
growth-positive
Israel builds world's tallest solar thermal tower in Negev Desert
Megalim Power Ltd is constructing the worlds tallest solar thermal tower in the Negev Desert in Israel. The tower will be surrounded by 50,000 heliostat mirrors and will have a height of 250 meters. The solar thermal power station is expected to provide enough power for around five percent of Israels population. The towers height is due to the density of the solar field and the goal of maximizing electricity per unit of land. Israel lags behind in renewable energy development compared to countries like Germany. However, with the goal of generating 10 percent of its energy from renewable sources by 2020 and recent legislation providing incentives for solar panel installation, Israel may have a future powered by renewable energy.
InvestmentExpand
growth-positive
Joseph Desmond: "Instead of using fossil fuels to create the steam, BrightSource uses the sun."
The article features an interview with Joseph Desmond, Senior Vice President of Marketing and Government Affairs for BrightSource Energy, a company that specializes in solar thermal technology. The interview discusses BrightSource Energys vision and aspiration to build a carbon-free future. The companys solar thermal systems generate high-value electricity and steam by concentrating the suns energy. The article emphasizes the importance of policy consistency and clarity in realizing carbon-free energy and attracting capital. The impact of the article on the company is growth-positive. The key theme of the article is solar thermal energy. The key issues discussed in the article are partners. The date of the event described in the article is not provided. The confidence level of the answer is 8.
Partners
| Sector | Energy Tech |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Mature |
| Rounds | 0 |
| Investors | 0 |
Team Members
12
Employees: 51-200
Web & Social Links
| Website | www.brightsourceenergy.com/ |
| Careers | Careers page |
Locations
Kiryat HaMada St 11, Jerusalem, Israel
Eastbourne Terrace, London, England, UK
Photos & Videos
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