Ausra lowers sights on solar plants, cuts staff
Thu, Jan 29th, 2009 |
Solar energy company Ausra announced that it no longer plans to build massive solar thermal plants across the southwest and California desert due to poor economic conditions, shifting its focus to smaller-scale power generation plants. To weather the downturn, the Palo Alto, Calif. firm is also selling off its technology and equipment assets to utilities and related companies.
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