Money Shines on Israeli Solar Startup

BrightSource has raised $115 million from the likes of and BP to speed the delivery of electricity from solar-thermal plants
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A conference organized by Israeli President Shimon Peres to mark the country's 60th anniversary kicked off May 13 with a showcase of 60 pioneering Israeli firms that have the potential to shake up medicine, biotech, clean energy, transportation, information technology, and communications. Among them was Luz II, a Jerusalem solar thermal energy company with more than one reason to celebrate its newfound recognition.

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