Bill Gates Funds A Second Concentrated Solar Thermal Startup: Heliogen

IMAGE@Heliogen Building on R&D from IDEALAB, Bill Gates has now invested in his second CSP-based start-up after Malta, with Heliogen. Press Release; Singular scientific achievement takes place at Heliogen’s commercial facility in Lancaster, California PASADENA, Calif.–(BUSINESS WIRE)–Heliogen, the clean energy company that is transforming sunlight to create and replace fuels, today announced its launch and …

Company backed by Bill Gates claims concentrated solar power breakthrough

A solar energy tech company founded by serial entrepreneur and inventor Bill Gross — and backed by investors including Microsoft co-founder Bill Gates — says it has developed a way to create concentrated solar energy at temperatures hot enough to replace fossil fuels in industrial processes that contribute significantly to global carbon emissions. Heliogen’s commercial facility …