Monday, April 19, 2010

eSolar Takes $20M More

Pasadena-based eSolar, the solar thermal technology developer backed by Idealab, Google, Quercus Trust, ACME Group, NRG Energy, and Oak Investment Partners, has raised $20M in an unannounced funding round, according to numbers from the latest quarterly venture capital report from PricewaterhouseCoopers and the National Venture Capital Association. Source of the Q1 funding was not disclosed, however, The Quercus Trust was not previously listed as a backer of the firm. eSolar is developing solar thermal energy technology used for utility scale, solar power plants. More information »