San Francisco Chronicle: Engineering giant Areva buying solar firm Ausra
Posted on Feb 08, 2010 |
French engineering giant Areva said Monday that it will buy Ausra, a Mountain View startup specializing in large-scale solar power.
The deal will give Areva a way to break into the growing worldwide business for big solar facilities that can generate as much electricity as a fossil fuel power plant. Although Areva is best known for its nuclear expertise, the company has branched out into other forms of renewable power generation, such as biomass and wind.
