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BrightSource Energy Targets New Solar Power Effort In Riverside

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Solar thermal power developer BrightSource Energy said Friday that it has applied for certification of a new project in Riverside County with the California Energy Commission, to develop three 250 megawatt solar thermal power plants on land owned by the Metropolitan Water District. READ MORE>>.

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Rustic Canyon Backs Social Shopping Site

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Los Angeles-based venture capital firm Rustic Canyon is the lead investor in a round of funding from a social shopping site out of Y Combinator. According to Mertado , a social shopping service which links users with home and kitchen products via Facebook said Wednesday that it has raised $2.3M in a Series A round. READ MORE>>.