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Heliogen, Backed By Bill Gates, Idealab and Nantworks, Aims At Solar Thermal

socalTECH

Pasadena-based Heliogen , a clean energy startup which is backed by such notable investors as Bill Gates, Idealab and local billionaire Dr. Patrick Soon-Shiong of NantWorks, says it has demonstrated for the first time, concentrated solar energy which exceeds temperatures greater than 1,000 degrees Celsius. READ MORE>>.

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Heliogen’s new tech could unlock renewable energy for industrial manufacturing

TechCrunch LA

Last Monday a group of millionaires and billionaires took a trip to an industrial site in Lancaster, Calif. For Bill Gross, the founder of Idealab and brains behind the excursion, the unveiling was simply the latest in a string of demonstrations for new technologies commercialized by his nearly three-decade old startup company incubator.

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eSolar Inks Another Solar Plant Deal

socalTECH

Pasadena-based eSolar , the thermal solar technology developer backed by Idealab, has inked another solar plant deal here in California, this time with Pacific Gas and Electric. According to PG&E, it is building a 92 megawtt solar thermal plan, to be built near Lancaster, using eSolar solar thermal technology. READ MORE>>.

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