Brightsource Energy, Inc

Total Page:16

File Type:pdf, Size:1020Kb

Brightsource Energy, Inc 1999 Harrison St., Suite 2150 Oakland, CA 94612 510-550-8161 www.brightsourceenergy.com BRIGHTSOURCE PROVEN LEADERSHIP IN SOLAR ENERGY BRIGHTSOURCE AT A GLANCE • Headquartered in Oakland, California • Operations in the United States, China, Europe, Israel and South Africa • Privately held company • Investors: Vantage Point Capital Partners, Alstom, Morgan Stanley, Draper Fisher Jurvetson, Chevron Technology Ventures, Google.org, and more • Partners: NRG Energy, Google, Alstom, Bechtel, Chevron, In 2013, the Ivanpah Solar Electric Generating System, a 377 megawatt solar power plant and more utilizing BrightSource technology came online, delivering power under 25-year power purchase agreements to Pacific Gas & Electric Company and Southern California Edison. BrightSource Energy, Inc. designs, develops, and deploys solar thermal technology to produce high-value electricity and steam for power, petroleum, and industrial-process markets worldwide. Our team blends internationally-renowned solar thermal technical experience with world-class finance and project development capabilities. INDUSTRY LEADING TECHNOLOGY “Delivering on Solar’s Promise BrightSource’s solar thermal energy systems generate power the same way as traditional power plants – by creating high temperature steam to turn a turbine. BrightSource Energy’s solar However, instead of using fossil fuels or nuclear power to create the steam, thermal energy systems are BrightSource uses the sun’s energy. The company’s Solar Energy Development engineered to produce predictable, Center is demonstrating BrightSource’s technology and producing the world’s reliable and cost-competitive clean highest temperature and pressure solar thermal steam. energy when it is needed most.” PROVEN LEADERSHIP IN SOLAR ENERGY BrightSource Energy is a leader in the design and development of concentrating solar thermal technology used to produce high-value electricity and steam for power, petroleum and process markets worldwide. .
Recommended publications
  • Are DOE Loan Guarantees an Energy Policy Mistake?
    Greentech Media http://www.greentechmedia.com/articles/print/Are-DOE-Loan-Guarantee... RESEARCH & ANALYSIS | POLICY ERIC WESOFF: JUNE 2, 2011 Are DOE Loan Guarantees an Energy Policy Mistake? It’s the Liberals versus the Libertarians: Is the DOE Loan Guarantee Program a righteous creator of jobs and new industry or a wrongful use of taxpayer money? The United States DOE Loan Guarantee Program has disbursed $30.7 billion and claims to have created or saved 62,350 jobs. The loan program has three categories: Section 1703 of Title XVII of the Energy Policy Act of 2005 authorizes the DOE to support innovative clean energy technologies that are typically unable to obtain conventional private financing due to high technology risks. Section 1705 is a temporary program designed to address the current economic conditions of the nation. It authorizes loan guarantees for certain renewable energy systems, electric power transmission systems and leading edge biofuels projects that commence construction no later than September 30, 2011. The Advanced Technology Vehicles Manufacturing (ATVM) Loan Program consists of direct loans to support the development of advanced technology vehicles and associated components in the U.S. The more publicized loan guarantee recipients include Solyndra , BrightSource Energy , Ford, Fisker , and Tesla. (See the more complete list of loan recipients at the end of this article.) The Loan Program Office (LPO) has issued conditional commitments to 13 power generation projects with cumulative project costs of over $27 billion. This represents a greater investment in clean energy generation projects than the entire private sector made in 2009 ($10.6 billion), and almost as much as was invested in such projects in 2008 -- the peak financing year to date ($22.6 billion), according to the DOE.
    [Show full text]
  • United States Department Ofthe Interior
    United States Department ofthe Interior FISH AND Wll.DLIFE SERVICE Ventura Fish and Wildlife Office ·' 2493 Portola Road, Suite B Ventura, california 93003 Dl REPLY IUiFlIIlTO: Bl440-201G-F-D096 . 8-8-1G-F-24 , : October 1.2010 ,I DATE-, (CCTO 1 201/) ,1"_ - -.. ". ~ Memorandum. " REeD; (OCT :~ 8 201 To: District Manager, California Desert'District, Bureau ofLand Management, Morenoyalley. CalifO~ From: FielJ?~~v~ru:m FiSh and Wildlife Office. Ventura. California Subject: Biological Opinion on BrightSource Energy's Ivanpah Solar E;lectric Generating System Project, San Bernardino County. California [CACA-48668, 49502, 49503, 49504] (8-8-1O-F-24) This document transmits the U.S. Fish and Wildlife Service's (Service) biological opinion based on our review ofthe Bureau ofLand Management's (Bureau) proposed issuance ofa right-of­ way grant to Solar Partners I. LLC. Solar Partners II, LLC, and Solar Partners VIII. LLC for the Ivanpah Solar Electric Generating System (ISEGS) and its effects on the federally threatened desert tortoise (Gopherus agassizil) in accordance with section 7 ofthe Endangered Species Act of 1973, as amended (16 U.S.C. 1531 et seq.). Because BrightSource Energy is a parent company for all Solar Partner Companies, this biological opiniO:J;l refers to the project proponents collectively as BrightSource. 'The proposed project involves construction, operation, maintenance,and decommissioning of a 370-megawatt solar thermal power plant and associated infrastructure and facilities on 3.5~2 acres ofpublic land managed by the Bureau. Your December 7, 2009 request for formal consultation was received on December 8, 2009. This biological opinion is based on information that accompanied your December 7, 2009 request for consultation and additional information regarding changes in the project description and tranSlocation strategy obtained from Bureau staff during the formal consultation p~ocess.
    [Show full text]
  • 04-Rasmussen-SW Hydrology 102209 Final.Pptx
    Utility Scale Solar: Reducing Risk for Utilities October 2009 1 Proprietary & Confidential © 2009 BrightSource Energy, Inc. All rights reserved. Presentation Outline ØCorporate Overview Ø Energy Challenge Ø CSP Overview Ø Technology (R&D) Ø Development Ø Environment 2 Proprietary & Confidential © 2009 BrightSource Energy, Inc. All rights reserved. BrightSource Energy Snapshot Mission: To design, build, own and operate the world’s most cost-effective and reliable large scale solar energy projects Ø Business: § Develop and build large-scale solar power generation plants for utilities at prices that compete with fossil-fuel plants, using proprietary LPT technology § Develop and build solar-to-steam plants for industrial applications Ø Locations: § Headquarters in Oakland, California, 52 full-time employees § Wholly-owned subsidiary BrightSource Industries Israel (BSII) located in Jerusalem, 112 full-time employees § Development offices in Phoenix, AZ and Las Vegas, NV 3 Proprietary & Confidential © 2009 BrightSource Energy, Inc. All rights reserved. BrightSource Energy Highlights Ø Proven technology Ø Experienced management team Ø Favorable market and regulatory environment Ø 2.6 GWs of signed PPAs with PG&E and SCE Ø Bechtel as EPC, with a project investment agreement Ø Chevron solar-to-steam project under construction Ø 4 GWs of active site development with a 19 GW portfolio Ø $160 million from blue chip investor base 4 Proprietary & Confidential © 2009 BrightSource Energy, Inc. All rights reserved. BrightSource Energy Renewable Power
    [Show full text]
  • Utilities Join the Party As Solar Power Goes Mainstream
    Release: 5th March 2019 Utilities join the party as solar power goes mainstream The list of the world’s top solar power plant owners released today by Wiki-Solar.org shows that leading energy utilities are building significant solar portfolios. Chinese, US and Indian power companies now have substantial solar capacity in their home markets, while European multinationals are building global portfolios. This marks a major shift – just five years ago there were only six utilities in the top thirty. The top solar generation owners, based on identified cumulative capacity to the end of 2018 were: Plant owners Plants Capacity Rank © wiki-solar.org number MWAC 1 State Power Investment Corporation [CN] 50 2,659 2 NextEra Energy [US] 43 2,627 3 Global Infrastructure Partners [US] 36 2,060 4 ENEL Green Power [IT] 33 2,015 5 Adani [IN] 28 1,957 6 Panda Green Energy [CN] 31 1,832 7 ACME [IN] 32 1,629 8 Southern Power [US] 25 1,494 9 National Thermal Power Corporation [IN] 15 1,391 10 AES Corporation [US] 60 1,301 11 Consolidated Edison Development [US] 25 1,256 12 EDF – Électricité de France [FR] 59 1,182 13 Dominion Energy [US] 42 1,153 14 Lightsource BP [GB] (part owned by BP) 149 1,102 15 Canadian Solar [CA] 28 1,100 16 Enerparc [DE] 141 1,076 17 Cypress Creek Renewables [US] 136 975 18 Sempra Energy [US] 13 941 19 GCL-Poly Energy Holdings [HK] 26 910 Top utility-scale solar generation capacity owners “Leading Chinese and US utilities like SPIC and NextEra have been prominent for some years” says Wiki-Solar founder Philip Wolfe, “while dynamic growth in India has brought utilities like Adani and NTPC into the list.
    [Show full text]
  • The Status of CSP Development
    The Status of CSP Development DISH STIRLING POWER TOWER CLFR Tom Mancini CSP Program Manager Sandia National Laboratories PARABOLIC TROUGH 505.844.8643 DISH STIRLING [email protected] [email protected] 1 Presentation Content • Brief Overview of Sandia National Laboratories • Background information • Examples of CSP Technologies − Parabolic Trough Systems − Power Tower Systems − Thermal Energy Storage − Dish Stirling Systems • Status of CSP Technologies • Cost of CSP and Resource Availability • Deployments • R & D Directions [email protected] 2 Four Mission Areas Sandia’s missions meet national needs in four key areas: • Nuclear Weapons • Defense Systems and Assessments • Energy, Climate and Infrastructure Security • International, Homeland, and Nuclear Security [email protected] 3 Research Drives Capabilities High Performance Nanotechnologies Extreme Computing & Microsystems Environments Computer Materials Engineering Micro Bioscience Pulsed Power Science Sciences Electronics Research Disciplines 4 People and Budget . On-site workforce: 11,677 FY10 operating revenue . Regular employees: 8,607 $2.3 billion 13% . Over 1,500 PhDs and 2,500 MS/MA 13% 43% 31% Technical staff (4,277) by discipline: (Operating Budget) Nuclear Weapons Defense Systems & Assessments Energy, Climate, & Infrastructure Security International, Homeland, and Nuclear Security Computing 16% Math 2% Chemistry 6% Physics 6% Other science 6% Other fields 12% Electrical engineering 21% Mechanical engineering 16% Other engineering 15% 5 Sandia’s NSTTF Dish Engine Engine Test Rotating Testing Facility Platform Established in 1976, we provide ………. • CSP R&D NSTTF • Systems analysis and FMEA • System and Tower Testing Solar Furnace component testing and support NATIONAL SOLAR THERMAL TEST FACILITY [email protected] 6 Labs Support the DOE Program The CSP Programs at Sandia and the National Renewable Energy Laboratory (NREL) support the DOE Solar Energy Technology Program.
    [Show full text]
  • GEMINI SOLAR PROJECT Resource Management Plan Amendment and Draft Environmental Impact Statement Volume 1: Chapters 1 – 4
    U.S. Department of the Interior Bureau of Land Management DOI------ BLM NV S010 2018 0051 EIS GEMINI SOLAR PROJECT Resource Management Plan Amendment and Draft Environmental Impact Statement Volume 1: Chapters 1 – 4 EIS Costs to- Date: $4,494,065 i The Bureau of Land Management is responsible for the stewardship of our public lands. The BLM’s mission is to sustain the health, diversity, and productivity of the public lands for the use and enjoyment of present and future generations. RESOURCE MANAGEMENT PLAN AMENDMENT AND ENVIRONMENTAL IMPACT STATEMENT FOR THE GEMINI SOLAR PROJECT Responsible Agency: United States Department of the Interior, Bureau of Land Management Document Status: Draft (X) Final ( ) Abstract: Solar Partners XI, LLC is proposing to construct, operate, maintain, and decommission an approximately 690-megawatt photovoltaic solar electric generating facility and associated generation tie-line and access road facilities (Project) on approximately 7,100 acres of federal lands administered by the Department of the Interior, Bureau of Land Management (BLM). The Project would be located approximately 33 miles northeast of Las Vegas and south of the Moapa River Indian Reservation in Clark County, Nevada. The expected life of the Project is 30 years. Solar Partners XI, LLC acquired an existing 44,000-acre right-of- way application filed in 2008 by BrightSource Energy, LLC for the APEX Solar Thermal Power Generation Facility. The approximately 7,100-acre Project would be located within the 44,000-acre right- of-way application area. The 1998 Las Vegas Resource Management Plan (RMP) classifies the right-of-way application area as a Class III Visual Resource Management (VRM) area, which lies adjacent to Class II areas (due to the presence of the Old Spanish National Historic Trail, Muddy Mountain Wilderness Area, and Bitter Springs Back Country Byway in the Project vicinity).
    [Show full text]
  • The Ivanpah Solar Project Named 2012 Energy Project of the Year
    THE IVANPAH SOLAR PROJECT NAMED 2012 ENERGY PROJECT OF THE YEAR Project recognized for its innovative approach, job creation and scale of clean energy production (LOS ANGELES, Calif.) April 24, 2012 – NRG Energy, Google, BrightSource Energy and EPC partner Bechtel announced that the Ivanpah Solar Electric Generating System (Ivanpah SEGS) received the 2012 Energy Project of the Year Award by the USC CMAA Green Symposium. Ivanpah SEGS in California’s Mojave Desert is currently the world’s largest concentrating solar power (CSP) plant under construction. When completed, it will nearly double the amount of solar thermal electricity produced in the US. “The sheer magnitude of the Ivanpah project is reinforcing California's position as the leader of renewable energy in the United States,” said Caroline Fletcher, USC Green Symposium Co- Chair. “The project has demonstrated an innovative approach to partnerships and is significantly contributing to job creation in the region. We’re very pleased to honor this important project with our 2012 Energy Project of the Year Award.” “Ivanpah is a flagship project, widely recognized for its environmentally-responsible design, and lauded for its role in helping to grow Southern California’s High Desert economy,” said Joe Desmond, SVP of Government Relations and Communications, BrightSource Energy. “We look forward to completing this important solar power facility and help California meet its economic and clean energy goals.” “We are pleased to be a part of this award-winning project. The innovation applied to the engineering and construction of Ivanpah will help advance the renewable energy industry and make solar energy a viable option for more people,” said Jim Ivany, president of renewable power at Bechtel.
    [Show full text]
  • Solar Photovoltaic Manufacturing: Industry Trends, Global Competition, Federal Support
    U.S. Solar Photovoltaic Manufacturing: Industry Trends, Global Competition, Federal Support Michaela D. Platzer Specialist in Industrial Organization and Business January 27, 2015 Congressional Research Service 7-5700 www.crs.gov R42509 U.S. Solar PV Manufacturing: Industry Trends, Global Competition, Federal Support Summary Every President since Richard Nixon has sought to increase U.S. energy supply diversity. Job creation and the development of a domestic renewable energy manufacturing base have joined national security and environmental concerns as reasons for promoting the manufacturing of solar power equipment in the United States. The federal government maintains a variety of tax credits and targeted research and development programs to encourage the solar manufacturing sector, and state-level mandates that utilities obtain specified percentages of their electricity from renewable sources have bolstered demand for large solar projects. The most widely used solar technology involves photovoltaic (PV) solar modules, which draw on semiconducting materials to convert sunlight into electricity. By year-end 2013, the total number of grid-connected PV systems nationwide reached more than 445,000. Domestic demand is met both by imports and by about 75 U.S. manufacturing facilities employing upwards of 30,000 U.S. workers in 2014. Production is clustered in a few states including California, Ohio, Oregon, Texas, and Washington. Domestic PV manufacturers operate in a dynamic, volatile, and highly competitive global market now dominated by Chinese and Taiwanese companies. China alone accounted for nearly 70% of total solar module production in 2013. Some PV manufacturers have expanded their operations beyond China to places like Malaysia, the Philippines, and Mexico.
    [Show full text]
  • Concentrating Solar Power and Water Issues in the U.S. Southwest
    Concentrating Solar Power and Water Issues in the U.S. Southwest Nathan Bracken Western States Water Council Jordan Macknick and Angelica Tovar-Hastings National Renewable Energy Laboratory Paul Komor University of Colorado-Boulder Margot Gerritsen and Shweta Mehta Stanford University The Joint Institute for Strategic Energy Analysis is operated by the Alliance for Sustainable Energy, LLC, on behalf of the U.S. Department of Energy’s National Renewable Energy Laboratory, the University of Colorado-Boulder, the Colorado School of Mines, the Colorado State University, the Massachusetts Institute of Technology, and Stanford University. Technical Report NREL/TP-6A50-61376 March 2015 Contract No. DE-AC36-08GO28308 Concentrating Solar Power and Water Issues in the U.S. Southwest Nathan Bracken Western States Water Council Jordan Macknick and Angelica Tovar-Hastings National Renewable Energy Laboratory Paul Komor University of Colorado-Boulder Margot Gerritsen and Shweta Mehta Stanford University Prepared under Task No. 6A50.1010 The Joint Institute for Strategic Energy Analysis is operated by the Alliance for Sustainable Energy, LLC, on behalf of the U.S. Department of Energy’s National Renewable Energy Laboratory, the University of Colorado-Boulder, the Colorado School of Mines, the Colorado State University, the Massachusetts Institute of Technology, and Stanford University. JISEA® and all JISEA-based marks are trademarks or registered trademarks of the Alliance for Sustainable Energy, LLC. The Joint Institute for Technical Report Strategic Energy Analysis NREL/TP-6A50-61376 15013 Denver West Parkway March 2015 Golden, CO 80401 303-275-3000 • www.jisea.org Contract No. DE-AC36-08GO28308 NOTICE This report was prepared as an account of work sponsored by an agency of the United States government.
    [Show full text]
  • California Desert Conservation Area Plan Amendment / Final Environmental Impact Statement for Ivanpah Solar Electric Generating System
    CALIFORNIA DESERT CONSERVATION AREA PLAN AMENDMENT / FINAL ENVIRONMENTAL IMPACT STATEMENT FOR IVANPAH SOLAR ELECTRIC GENERATING SYSTEM FEIS-10-31 JULY 2010 BLM/CA/ES-2010-010+1793 In Reply Refer To: In reply refer to: 1610-5.G.1.4 2800lCACA-48668 Dear Reader: Enclosed is the proposed California Desert Conservation Area Plan Amendment and Final Environmental Impact Statement (CDCA Plan Amendment/FEIS) for the Ivanpah Solar Electric Generating System (ISEGS) project. The Bureau of Land Management (BLM) prepared the CDCA Plan Amendment/FEIS for the ISEGS project in consultation with cooperating agencies and California State agencies, taking into account public comments received during the National Environmental Policy Act (NEPA) process. The proposed plan amendment adds the Ivanpah Solar Electric Generating System project site to those identified in the current California Desert Conservation Area Plan, as amended, for solar energy production. The decision on the ISEGS project will be to approve, approve with modification, or deny issuance of the rights-of-way grants applied for by Solar Partners I, 11, IV, and VIII. This CDCA Plan Amendment/FEIS for the ISEGS project has been developed in accordance with NEPA and the Federal Land Policy and Management Act of 1976. The CDCA Plan Amendment is based on the Mitigated Ivanpah 3 Alternative which was identified as the Agency Preferred Alternative in the Supplemental Draft Environmental Impact Statement for ISEGS, which was released on April 16,2010. The CDCA Plan Amendment/FEIS contains the proposed plan amendment, a summary of changes made between the DEIS, SDEIS and FEIS for ISEGS, an analysis of the impacts of the proposed decisions, and a summary of the written and oral comments received during the public review periods for the DEIS and for the SDEIS, and responses to comments.
    [Show full text]
  • Urban Planning and Economic Development News Magazine
    URBAN PLANNING AND ECONOMIC DEVELOPMENT January 2012 January NEWS MAGAZINE A Solar Panel is a Solar Panel, Right? Alternative Energy for Economic Development Tourism Planning Tools for Sustainable Economic Development Bad Planning Vs Urban Economic Development A Global Publication VOL 1 A Global Publication In Association with Urban Planning and Economic Development Associates Our Vision is to share a full range of interdisciplinary professional knowledge with community leaders, professional planners, businesses and interested citizens having a commitment to operational excellence in the public and private sectors. Contributions from our constituency will assist in facilitating sound decisions in community and economic development to promote continued commitments in creating quality places to live, work and play. Our goal is to provide educational information and services in urban planning and environmental conservation to an interconnected global community that will both enable in- dividuals and communities to adapt to new holistic techniques and solutions to resolve existing and future urban and environmental issues and foster economic and sustainable development. General Manager/Publisher Pamela Shinn, B.S. URP Editor in Chief David Weinstock, Ph.D Assistant Online Manager Sam Lovall AssistantWeb Design Editor Ronald Hanson, M.A. FS Design Consultant Chantel Martin Cover Photo, “Morning Sunrise at North Hoyle”; North Hoyle offshore wind farm, Liverpool Bay, Irish Sea Courtsey of Arron Crowe, Denbighshire, UK. For more information about Arron Crowe and his work you can contact him at: acrowephotography@gmail. © January 2012 2 “Partnering for a Brighter Tomorrow” FEATURE ARTICLES: Alternative Energy Solutions A Solar Panel is a Solar Panel, Right? A closer look at solar power options for your home, business or public facility.
    [Show full text]
  • Brightsource Energy Was Founded in 2006. Where Is
    BRIGHTSOURCE ENERGY FAQ’s COMPANY OVERVIEW When was the company founded? BrightSource Energy was founded in 2006. Where is the company located? BrightSource is headquartered in Oakland, Calif. with operations in the United States, China, Europe, Israel and South Africa. How is BrightSource Energy financed? Who are BrightSource Energy’s investors? To date, BrightSource Energy has raised more than $615 million in private financing from blue chip investors including VantagePoint Capital Partners, Alstom, Morgan Stanley, Google.org, BP Alternative Energy, StatoilHydro Ventures, Chevron Technology Ventures, Black River, Draper Fisher Jurvetson, and DBL Investors (a spin-off from JP Morgan), and the California State Teachers’ Retirement System. BUSINESS OVERVIEW What does BrightSource do? BrightSource Energy designs, develops and deploys concentrating solar thermal technology to produce high- value steam for electric power, petroleum and industrial-process markets worldwide. BrightSource combines breakthrough technology with world-class solar power plant design capabilities to generate clean energy reliably and responsibly. BrightSource’s solar thermal systems are designed to minimize impact to the environment and help customers reduce their dependence on fossil fuels. What markets does BrightSource compete in? Our primary market is electricity generation. Our solar steam technology can also be used in petroleum and industrial applications, like enhanced oil recovery and mining, to displace fossil fuels. Where has BrightSource’s technology been deployed? BrightSource’s technology is featured in the following facilities: Solar Development Energy Center (SEDC), BrightSource Energy’s 6 megawatt thermal solar demonstration facility in Rotem, Israel. Fully operational since 2008, the facility is used to test equipment, materials and procedures as well as construction and operating methods.
    [Show full text]