In operation for more than 30 years, BrightSource Energy is a privately held organization that serves utility and industrial organizations worldwide. The company designs, owns, operates and builds solar electric generating stations. It operates the Luz Power Tower 550 energy system. BrightSource Energy also manages operations in the United States, Israel and Australia. The company s solar plants are designed to minimize their impact on the environment and help customers reduce their dependence on fossil fuels. It has undertaken a project for VantagePoint Venture Partners. BrightSource Energy manages the Solar Energy Development Center, which tests equipment, materials and procedures, as well as construction and operating methods.