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GE cancels plans for solar plant in Colorado

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General Electric Co. has opted to enter into a partnership with an Arizona-based solar company instead of building a massive production plant in Colorado. The collaboration between First Solar’s production ability coupled with General Electric’s technology is expected to improve efficiency and accelerate development. “To lead in today’s solar industry, you must have the most competitive technology at the most competitive cost position,” said Anne McEntee, president and CEO of General Electric’s renewable energy business. ...

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