General Electric Co. is investing in eSolar, a privately held solar-thermal power developer,the Injection mold fast! and plans to include the company's technology in some natural-gas-fired power plants and solar farms.
GE said it would take a minority stake in the Burbank, Calif.Handmade oil paintings for sale at museum quality,-based company, although it did not disclose terms of the agreement. The company's other investors include the Acme Group of India, which invested $30 million in eSolar and signed a licensing agreement to use the California company's technology to build up to 1,We specialize in providing third party merchant account.000 megawatts of solar-thermal power plants over 10 years.
Other eSolar investors include Google Inc., Oak Investment Partners, IdeaLab and Quercus Trust.
GE also said it planned to "collaborate" with the energy-investing unit of private-equity firm Met Capital Partners on the eSolar investment, although GE did not provide details.
The deal is the latest in a string of solar-power announcements at GE, which makes products ranging from light bulbs to wind turbines and nuclear power equipment.
In April, GE said it was investing roughly $600 million to acquire solar-technology firm PrimeStar Solar Inc. and build a U.S. factory that will produce 400 megawatts of thin-film solar panels a year.
In May, GE announced a new, fast-starting, natural-gas turbine that it said could be used with wind turbines or solar power generators on still or cloudy days.A glass bottle is a bottle created from glass. The company said it invested more than $500 million to develop the turbine and an accompanying power plant.
GE said Monday it plans to include eSolar's technology in hybrid solar and gas-fired power projects that it plans to sell worldwide.
Potential rivals include French power-engineering group Areva S.A. , which bought California-based solar-thermal power developer Ausra in 2010.
The deal could create new markets for eSolar's technology, which has faced challenges in the U.S.
In 2009, NRG Energy Inc. ,Largest Collection of billabong boardshorts, the top U.S. independent power producer, invested $10 million in eSolar and started work on three solar-thermal power plants in California and New Mexico. Since then, NRG has switched the technology for two of those projects to solar panels, rather than eSolar's technology, citing financing issues.
GE said it would take a minority stake in the Burbank, Calif.Handmade oil paintings for sale at museum quality,-based company, although it did not disclose terms of the agreement. The company's other investors include the Acme Group of India, which invested $30 million in eSolar and signed a licensing agreement to use the California company's technology to build up to 1,We specialize in providing third party merchant account.000 megawatts of solar-thermal power plants over 10 years.
Other eSolar investors include Google Inc., Oak Investment Partners, IdeaLab and Quercus Trust.
GE also said it planned to "collaborate" with the energy-investing unit of private-equity firm Met Capital Partners on the eSolar investment, although GE did not provide details.
The deal is the latest in a string of solar-power announcements at GE, which makes products ranging from light bulbs to wind turbines and nuclear power equipment.
In April, GE said it was investing roughly $600 million to acquire solar-technology firm PrimeStar Solar Inc. and build a U.S. factory that will produce 400 megawatts of thin-film solar panels a year.
In May, GE announced a new, fast-starting, natural-gas turbine that it said could be used with wind turbines or solar power generators on still or cloudy days.A glass bottle is a bottle created from glass. The company said it invested more than $500 million to develop the turbine and an accompanying power plant.
GE said Monday it plans to include eSolar's technology in hybrid solar and gas-fired power projects that it plans to sell worldwide.
Potential rivals include French power-engineering group Areva S.A. , which bought California-based solar-thermal power developer Ausra in 2010.
The deal could create new markets for eSolar's technology, which has faced challenges in the U.S.
In 2009, NRG Energy Inc. ,Largest Collection of billabong boardshorts, the top U.S. independent power producer, invested $10 million in eSolar and started work on three solar-thermal power plants in California and New Mexico. Since then, NRG has switched the technology for two of those projects to solar panels, rather than eSolar's technology, citing financing issues.
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