Renewable energy firm invests in solar generators
An Ireland-based renewable energy firm has given Euro 62m (US$100m) in funding to a solar energy specialist. NTR has invested the money in the US-based firm Stirling Energy Systems (SES) after reaching an agreement that will give NTR a controlling interest. The funding will allow SES to begin work on two major solar farms in southern California and increase its production of its SunCatcher solar energy generators. The SunCatcher technology uses large mirrored dishes to direct sunlight onto an engine capable of turning the energy into electricity.
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