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GE Jolts Solar Pioneer

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SAN DIEGO & MONROVIA, Calif., October 15, 2008 – GE Energy Financial Services announced that it will invest $2.5 million in Monrovia-based Soliant Energy. The announcement was made at Solar Power International 2008 in San Diego, Calif. Soliant, founded by NASA Jet Propulsion Laboratory scientists and engineers, is developing what it intends to be the most efficient and lowest cost technology to generate electricity from the sunlight that shines on commercial rooftops, a market it estimates will reach $13.2 billion by 2010. GE Energy Financial Services is joining a group providing nearly $21 million in venture capital to Soliant...Read full article

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    Published: October 2008
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    40-megawatt production plantArt Bucklandclean energy productsConvexa CapitalecomaginationenergyGE Energy Financial ServicesGE Global Research Centergreen photonicsindustrialIndustry EventsKevin WalshNASA Jet Propulsion LaboratoryNews & FeaturesNth PowerphotonicsphotovoltaicsRincon Venture PartnersRockPort Capital Partnerssolar cellssolar investmentsolar powersolar rooftop systemsSoliant EnergyTrinity VenturesUS Department of Energy

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