1. GE and BlackRock Launch Distributed Solar and Storage Business

    GE and BlackRock Launch Distributed Solar and Storage Business

    GE has announced it’s taking its distributed solar and solar-plus-storage business to a new stage, via a partnership and majority investment by asset management firm and heavyweight renewables investor BlackRock Real Assets. The new company, named Distributed Solar Development, will be 20 percent owned by GE Renewable Energy and 80 percent owned by a fund managed by BlackRock. The business, which has been incubated within GE since 2012, will focus on commercial, industrial and public-sector customers.

    Read Full Article

    1. This investment will deepen our clients' access to the tremendous growth potential in the U.S. solar industry.
    2. I started pushing us in startup fashion toward distributed solar and distributed solutions.
  2. Topics Mentioned

  3. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Pumped Hydro, Sodium, Supercapacitors, Thermal, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences