Google-Backed Solar Startup Picks Up Steam, $130 Million

Posted by Karim Baz

April 22, 2008

Rising oil prices lift all alt-energy boats. For proof, look no further than the fat $130 million investment scooped up by eSolar, a company whose basic solar power strategy — using sunlight-reflecting mirrors to generate steam — was all but abandoned in the 1980s, and has recently recently caught investors’ attention again.

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