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Ausra collects sun's rays, $60.6 million

Posted on October 01, 2008

GreenTech Media is reporting that venture capitalists invested a record $2.8 billion in renewable energy companies in the third quarter. The fourth quarter hasn't started out too badly either.Ausra Inc., a provider of large-scale solar thermal energy systems, said Wednesday it has secured $60.6 million in new financing. KERN Partners led the funding, joined by Generation Investment Management, Starfish Ventures, as well as founding investors Khosla Ventures and Kleiner Perkins Caufield & Byers. Those firms poured $40 million into the company last year. Proceeds from the latest round will bank...

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greentech , renewable , renewable energy , solar , solar power , solar thermal