Luz International was the world’s largest solar company for about a decade, installing over 300 megawatts of solar thermal electric power plants in the Mojave desert. The company’s demise came about in the early 90s, when low energy prices, unhelpful policy changes, and bad luck came together to destroy the company. More on this soon, but it’s the best example, I think, of a missed opportunity in renewable energy. The founder of Luz, Arnold Goldman, is back with a new company, Brightsource, as noted in the article below. Other members of the old team have gone to work with other new companies, too, like Abengoa Solar’s VP of tech development Hank Price, who was at Luz for nine years (and then at the National Renewable Energy Laboratory).
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Nice UPI article on Luz and utility-scale solar power from 1990.
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Another quick hit on Goldman and his reassembling of BrightSource
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Quick comments on how Goldman feels about Brightsource.
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