GE Energy Takes Majority Stake in Solar Companyadmin
A General Electric subsidiary increased its share of solar technology company PrimeStar Solar Inc. to a majority stake.
GE Energy said in September 2007 that it had taken a minority stake in the company.
Golden, Colo.-based PrimeStar was formed in 2006 to develop and commercial thin-film photovoltaic modules. It has 60 employees.
Financial terms of the deal and GE’s exact ownership stake were not disclosed.