GE today announced investment stakes in SolarEdge, an Israeli startup, and Tendril, a Boulder, Colorado startup, as part of a strategy for business to generate and use energy more efficiently.
SolarEdge owns a technology which allows solar panels to operate 25% more efficiently. Tendril produces equipment that allows consumers and utilities to communicate and run equipment at more efficient times of the day thereby lowering costs. GE did not disclose the size of its investment.
Oct 14 · 11:39:00 AM · Source: Reuters
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by Michael Oliveto
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