General Electric Co. (GE) bought a minority stake in the California Solar company eSolar this week. Because of the deal, Paul Browning, President and CEO of solar thermal products for GE Energy, eSolar will join the Board of Directors.
ESolar is a license agreement with GE Energy that granted him exclusive rights throughout the world in eSolar modular technology for its solution, an integrated solar combined cycle power plant (ISCC). This decision, coupled with "50" FlexEfficiency combined cycle power plant of its own, is able to deliver the GE fuel efficiency more than 70%.
In less technical terms, this means that GE believes the combination of technologies, natural gas and solar is the best solution for renewable sources of energy. This combination will ultimately be most effective, most flexible and most affordable solution to address the global problem of climate change, the company said in a release (by using more complex language, of course).
Hybrid solar power plants
During the day, these plants are "hybrid" are using the Sun's heat to produce steam for the steam system, which generates electricity. This is done through the use of small, flat, modular mirrors to reflect heat back into the receiver mounted Tower. Natural gas is not used in the daytime. However, at night, or during periods of cloud cover, the plant will use natural gas.
GE of the ISCC technology currently exclude China and India, but companies say they are now targeting Europe, Africa, the Middle East and the United States.
ESolar was founded in 2007, the founder of Idealab, Bill gross, with a view to the use of modular form factors, combined with advanced software systems for the delivery of cost-competitive solar energy.
eSolar designed the solar plant thermalpower technology. eneration can be scaled from 46 MW to more than 500 MW. eSolar modular, scalable power architecture allows ordering ...
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