In August 2011, the energy division of US-based industrial conglomerate General Electric (GE) followed on from its licensing agreement with ESolar by making a strategic investment of up to $40m.
ESolar, a US-based solar energy company backed multiple corporate venturing units, has raised $12.8m from two undisclosed investors as part of a targeted $30m round, according to a regulatory filing.
In August 2011, the energy division of US-based industrial conglomerate General Electric (GE) followed on from its licensing agreement with ESolar by making a strategic investment of up to $40m.
GE Energy signed the initial licensing agreement with ESolar in June, the terms of which enabled GE to incorporate…
