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Greek isle taps BrightSource for solar

The Greek island of Crete is planning for a 38-megawatt solar plant an BrightSource has been tapped to help build it.

Oakland, Calif.-based BrightSource has signed a deal with Nur Energie, the U.K. company developing the solar project, to use its LPT 550 energy system, the solar manufacturer announced today.

When complete and running at full capacity, the plant is expected to generate enough electricity for 13,000 homes.

BrightSource is known for its signature solar "power tower" technology that employs hundreds of sun-worshipping heliostats. The solar-tracking mirrors reflect solar rays on a common tower containing … Read more

High-tech cement maker wins top MIT award

Nanoengineered cement beat out a handful of other technologies in this year's MIT Entrepreneurship Competition, earning its creators a $100,000 prize.

C-Crete Technologies, which created a new type of cement that cuts down on carbon dioxide emissions and yet is stronger than any current cement, took home the top prize Wednesday night from the awards ceremony on MIT's campus in Cambridge, Mass. A panel of judges composed of fellow entrepreneurs, venture capitalists, and industry executives chose C-Crete as the winner based on the execution of its business plan and presentation.

"For many years, the world has … Read more