Solaren Funding & Investors

Manhattan Beach, CA

Solaren, Inc. is a Southern California startup corporation created to use solar energy for terrestrial electricity usage. In 2009, the company had a contract under negotiation with Pacific Gas and Electric Company of California to deliver 200 megawatts of power for at least 15 years, starting in 2016. The cost of the contracted activities has been reported as "slightly more" than California's projected energy cost in 2016 of 12.9 cents per kilowatt hour. As of 2014, the planned delivery date has been moved back to the end of the decade.