GE INVESTS IN SOLAR POWER TOWER

GE Makes Additional Investment In Concentrating Solar Power Company eSolar
9 August 2011 (Solar Industry)

"eSolar, a developer of modular concentrating solar power technology, says that in addition to its licensing agreement with GE Energy, GE has closed a new strategic investment in the company.

"As part of the deal, Paul Browning, president and CEO of thermal products for GE Energy, will join the eSolar board of directors."

An eSolar installation with a GE turbine (click to enlarge)

"…GE was granted exclusive worldwide rights to eSolar's modular technology for integrated solar combined-cycle plants, excluding China and India. Together the two companies are targeting Europe, Africa, the Middle East and the U.S., and are working on a 530 MW project in Turkey…

"This project will feature 50 MW of eSolar concentrated solar power tower technology integrated with GE's new FlexEfficiency 50 Combined Cycle Power Plant."