There is good news for a company called BrightSource Energy. They have recently secured $1.4 billion in loan guarantees from the U.S. Department of Energy. Why is that good news you may wonder. BrightSource is a solar energy company. One of their current plants could supply electricity to 140,000 homes. That is good news for Californians who have had rolling blackouts in recent years. They have projects in place that could ultimately supply enough energy for 1.4 million homes in the southwestern states. There is even the potential to supply all of California’s power needs and reduce carbon dioxide by 30 million tons. This is very exciting!
BrightSource Energy February 28, 2010