GE Energy buys into solar firm

June 10, 2011
GE Energy, Atlanta, has invested in eSolar, a provider of next-generation, tower-based concentrating solar thermal technology

GE Energy, Atlanta, has invested in eSolar, a provider of next-generation, tower-based concentrating solar thermal technology. MetCap Energy Investments, a Turkish investor and developer of power projects, plans to collaborate with GE in this investment. “When we look at the long-term future of power generation, we see the importance of integrating natural gas and renewable energy sources in new and innovative ways to provide energy that is cleaner, more cost effective and more reliable,” said Paul Browning, president and CEO–Thermal Products for GE Energy, in a press release.