TUUSSO Energy Secures Project Funding

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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

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