GE Gas Power and Svante announced a joint development agreement to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation applications. In addition, GE has made an equity investment in Svante as a part of Svante’s $318M Series E fundraising round in December 2022.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on GE:
- GE seeks to bring large offshore wind turbine to Japan, Nikkei Asia reports
- GE HealthCare stock had a great start, more gains lie ahead, Barron’s says
- General Electric call volume above normal and directionally bullish
- General Electric price target raised to $100 from $93 at RBC Capital
- General Electric price target raised to $100 from $88 at JPMorgan