MetCap Energy Investments together with GE has entered into an investment and licensing agreement with California-based eSolar that enables the new venture to deploy Integrated Solar Combined Cycle (ISCC) technology to customers worldwide. eSolar is a provider of next-generation, tower-based concentrating solar thermal technology. MetCap Energy Investments co-invested in eSolar with GE.
MetCap Energy Investments developed the first integrated solar combined cycle power plant (Project Dervish) in Turkey utilizing eSolar’s award-winning technology:
- 2010 World Economic Forum Technology Pioneer Award
- 2010 Renewable Energy World’s “Renewable Project of the Year”
- 2009 Power Engineering “Best Renewable Project of the Year”