GE Energy is making a $40m investment into eSolar and intends to use its technology in various parts of the world.
The energy division of US-based conglomerate General Electric (GE) has followed on from its licensing agreement with US-based solar energy company 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 eSolar’s tower-based solar technology into its own solar thermal power plants. GE said then it would also be making a strategic investment in eSolar but it is only now more…
