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GE Invests $24 Million in Welspun's India Solar Plant

from Bloomberg

General Electric Co. is investing $24 million in India's largest solar-power plant, drawn by what it called the technology's "incredible potential" in the nation. The investment by GE's financial services unit in Welspun Energy Ltd.'s 151-megawatt photovoltaic plant is the U.S. company's first in the local solar industry. more


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