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

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

Concentrating Solar Power Investment
GE and eSolar were already business partners thanks to a licensing agreement with GE Energy, but they've decided to take their relationship to the next level and tie the knot more officially. GE is doing a "strategic investment" of up to $40 million in the Pasadena company. GE no doubt likes concentrating solar power (CSP) because it integrates well with natural gas (GE is a gas turbine maker)...