Sun sets on US solar firm’s big day

A major US solar thermal technology company today announced that it decided not to pursue its initial public offering due to “adverse market conditions.” Many in the renewable sector will be shocked by the news, as BrightSource Energy had high hopes after receiving major backing from Google, Siemens and NRG Energy as well as securing […]

Solar tower will generate power at night

A developer of solar thermal technology has completed the building of a 540 foot tower in Nevada, taking it one step closer to providing power from the sun, at night time. US company SolarReserve is building a system which works by heating molten salt, which can then be stored for up to 15 hours before […]