SkyFuel raises $17M for solar thermal mirrors
SkyFuel, a manufacturer of components and technologies for solar thermal power generation, has raised a $17 million second round of funding (release via Earth2Tech).
The company’s primary products are a mirrored material called ReflecTech, which could make mirror production for solar thermal plants cheaper, and the SkyTrough, a parabolic reflector.
SkyFuel is also working on a “Linear Power Tower”, which is a Fresnel solar system somewhat like what Ausra uses for its own solar thermal designs. The final product SkyFuel is working on is an energy storage system for when the sun isn’t shining.
Leaf Clean Energy provided the funding round. SkyFuel, based in Albuquerque, New Mexico, had previously taken $1.6 million.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.