GE Renewable Energy announced a minority investment in COBOD International, a provider of 3D construction printing.
COBOD is experiencing double digit growth and the global market leader within 3D construction printing with more than 50 3D construction printers sold world-wide. Financial details on the investment were not disclosed.
“This agreement strengthen will our ability to use COBOD’s 3D printing technology and competences in the renewable energy space,” Matteo Bellucci, GE Renewable Energy Advanced Manufacturing Technology Leader, said.
GE Renewable Energy and COBOD inaugurated a new research and development facility in Bergen, New York last week that will conduct research on how to 3D print the concrete base of towers used in wind turbines. The research will enable GE Renewable Energy to develop new production methods to make wind turbine towers more efficient and sustainable.