General Electric aims to ramp up production of solar power panels by early next year in a crucial step in the company's bid to transform its initial investments in the renewable energy field into a multibillion-dollar business.
GE has started to build pilot production lines at its facility in Colorado, said John Krenicki, a vice-chairman and chief executive of GE Energy Infrastructure, which includes the renewable energy division.
“We'll have more clarity around our bet in solar at the end of the year, or the beginning of next,” Mr Krenicki told the Financial Times.
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