08 Aug '11, 8pm

GE Invests Up to $40 Million in eSolar, Takes Partnership to Next Level...

GE Invests Up to $40 Million in eSolar, Takes Partnership to Next Level...

"Our partnership with GE moves our innovative technology to the next stage. Together, we are able to bring to market a power plant solution that drives down the cost of solar and meets the growing demand for renewable energy generation," said John Van Scoter, President and CEO of eSolar. "Building on our proven technology, this investment will fund the development of next-generation, modular solutions that enhance the cost competitiveness of solar, such as molten salt storage technology. We welcome Mr. Browning to our board as a valuable asset in driving the strategic direction of the company during this time of rapid growth."

Full article: http://www.treehugger.com/files/2011/08/ge-invests-40-mil...

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