Seattle-based TUUSSO Energy has completed a $2 million financing round to fund early-stage development of utility-scale solar projects in the western U.S.
Pivotal Investments, a clean technology-focused venture capital firm based in Portland, Ore., led the investment round. Pivotal's investment comes alongside an existing partnership with Akula Energy Ventures, which will be co-investing directly in TUUSSO's development projects.
TUUSSO's first project, TA-High Desert, is scheduled for completion in early 2011 and will supply 20 MW of solar-generated power to California utilities.
SOURCE: TUUSSO Energy