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The thin-film solar cells to be produced, which will feature 12.8 percent efficiency, were developed by PrimeStar Solar, which is now being acquired by GE, its lead investor.
Working with start-up PrimeStar Solar, General Electric is developing solar modules that use low-cost, cadmium telluride thin-film solar cells.
The satellite subsidiary of GM's Hughes Electronics will purchase its archrival's assets for about $1.82 billion.
Direct-to-home satellite broadcasters DirecTV and EchoStar are reportedly in separate talks to buy competitor Primestar in a deal that could be announced this week, sources say.
EchoStar Communications, a direct broadcast satellite (DBS) television company, added 103,000 new subscribers in February. The company had added 55,000 for the same month a year ago. The company claims it nabbed more than half of the new DBS industry customers last month. EchoStar has more than 2.1 million subscribers but trails DirecTV, the Hughes Electronics-owned competitor which recently acquired No. 4 USSB and No. 2 PrimeStar.
As DirecTV moves to buy rival Primestar, analysts predict there may be more high-flying deals in the works.