Briefs GE Turns Off Solar

摘要

After more than half a decade, General Electric is giving up on its plan to make solar panels. It sold its solar-power technology to competitor First Solar in exchange for a 1.8 percent stake in the company worth $82 million. The sale doesn't mean GE is getting out of sun power altogether-it will market First Solar's products to companies looking to build large-scale renewable energy plants, including wind turbines and solar installations.