Hot kilowatts: Infinia, Stirling Energy Systems, eSolar get money
Three solar-thermal companies have raised money in the past week in a sector that's showing life, despite a choppy investment environment.
Infinia on Tuesday said it has taken $7 million from Asian contract manufacturer Foxconn Technology Group, part of a total of $57 million in a Series B round first announced in February.
The company uses a dish to concentrate sunlight onto a Stirling engine, which makes electricity. It intends to sell its 3-kilowatt devices to small-scale utility plants.
On Monday, eSolar said it has raised $130 million from Idealab and Google.org. Its solar-thermal systems, designed for utility-scale … Read more