Thursday, April 7, 2011

SolarReserve Raises $20M More

Santa Monica-based SolarReserve, the developer of utility scale, solar thermal power plants, has raised $20M in a Series C funding round. The funding was disclosed via a regulatory filing Thursday. Source of the new funding was not disclosed. The new funding brings SolarReserve's total raised to over $160M. The firm has previously raised funds from Argonaut Private Equity, Citi, Credit Suisse, Good Energies, Nimes Capital, PCG Clean Energy & Technology Fund, and US Renewables Group. The filing indicates eight investors participated in the Series C. More information »

---