Ausra hopes to add solar power to coal plants

August 18, 2008

Ausra is an alternative energy company that is counting on fossil fuels to help it survive. Congress’ failure to renew a 30 percent investment tax credit for cleantech energy makes it unlikely that banks will finance plants like Ausra develops, which use solar power to generate steam. So in the meantime, the Palo Alto company is turning its attention to coal plants.

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