Solar thermal company Ausra, Inc. has confirmed that it is cutting its workforce by 10%, according to a report on the Greentech Media site. This report accompanies news that the company intends to change its business plan to become an equipment supplier to the solar industry, leaving behind its former power generation focus.
The report claims that Ausra’s plans are now to sell off its mirrors, pipes and steam-capture equipment to companies involved in coal-mining and food processing. The company will see through its agreement with PG&E. The company only recently secured over $60 million in financing for research and product development, and commercial activities such as completion of some of its contracts.