Solar-thermal equipment maker Ausra secured $24.5 million in venture debt led by Khosla Ventures and Kleiner Perkins Caufield & Byers, according to PE Hub last Friday.
The funding follows afrom the same original investors.
In June the Palo Alto, Calif.-based companyset to make utility-scale solar systems each year capable of generating 700 megawatts.
It has a contract with utility Pacific Gas &Electric to build aon private land in central California, as well as a 300-megawatt deal with Florida Power & Light. However, as with other solar start-ups, Ausra has warned that its plans could be on hold if federal renewable energy tax credits aren't extended past their expiration at the end of the year.
Ausra, originally from Australia, touts its potential for helping to deliver electricity cheaper than solar photovoltaic systems, while adding green jobs to rural areas.