TITLE

Electricity from the Motion of the Ocean

AUTHOR(S)
Terzo, Gerelyn
PUB. DATE
May 2006
SOURCE
Investment Dealers' Digest;5/1/2006, Vol. 72 Issue 17, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that General Electric Co. (GE) has engaged a test run for a new segment of the renewable energy market which harnesses ocean waves in generating electricity in the U.S. The company takes a minority equity stake from Ocean Power Delivery (OPD) Ltd. of Great Britain. The senior vice president of GE, Mark Huang noted that they are seeking to finance high-growth renewable energy companies and investing in OPD was part of the strategy.
ACCESSION #
20712386

 

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