Tuesday, December 7th, 2010
As part of Brazil’s 2010 Alternative Energy Auctions, GE (NYSE: GE) today announced deals with four developers to supply more than 400 megawatts of wind-generated electricity to the Brazilian grid. These commitments will be for 258 of GE’s 1.5 and 1.6-megawatt wind turbines.
“Being able to supply the best technology fit for Brazil’s wind conditions is at the center of (more…)
Posted in Latin America, Wind | No Comments »
Wednesday, November 17th, 2010
After four months of diligence sessions, 3,800 ideas, and 70,000 voices from 150 different countries, GE and its venture capital partners –RockPort Capital, Foundation Capital, Kleiner Perkins Caufield & Byers and Emerald Technology Ventures announced on Tuesday in New York the five winners of the innovation Challenge award: (more…)
Posted in Finance, Renewables, Smart Grid | No Comments »
Monday, November 15th, 2010
General Electric this week announced that it will purchase 25,000 electric vehicles (EV) by 2015, effectively converting half of its worldwide fleet of cars to electric power by that date.
Besides the global feet, GE said it will also (more…)
Posted in Electric Vehicles | No Comments »
Wednesday, August 25th, 2010
On July 13th, GE and its partners issued a challenge to the world: Submit breakthrough ideas that transform the way we create, connect and use power and they, (more…)
Posted in Smart Grid | 3 Comments »
Wednesday, July 14th, 2010
While others talk about the need to change our nation’s energy habits, GE is committing resources to find the best ideas and build a better energy grid.
GE and its partners announce the GE ecomagination Challenge: Powering the Grid, a $200 million investment in finding the best technologies, processes and business models to bring our energy grid into the 21st century. It’s about making clean energy real, bringing to market what works, right now.
In looking for the best ideas, GE is asking you to get involved in finding the solution.
You can submit an idea or vote for the ideas that you think are the most promising and play a part in defining the future of our energy grid.
There are three separate challenges to address how we create, connect and use energy, focused on: renewable energy, grid efficiency and eco homes/eco buildings.
(more…)
Posted in Building, Efficiency, Featured, Finance, Renewables, Smart Grid | No Comments »
Tuesday, July 13th, 2010
General Electric and a number of leading venture capital firms announced today what some have already dubbed “the biggest quest for ideas in history.” GE Chairman and CEO Jeff Immelt unveiled the “GE ecomagination Challenge: Powering the Grid,” an open innovation challenge that will give $200 million to smart grid ideas submitted through GE’s ecomagination website.
The challenge is global and targeted at technologists, entrepreneurs, and startups “to share their best ideas and come together to take on one of the world’s toughest challenges – building the next-generation power grid to meet the needs of the 21st century.”
GE and its partners – leading venture capital firms Emerald Technology Ventures, Foundation Capital, Kleiner Perkins, RockPort Capital as well as Wired magazine’s Chris Anderson – will evaluate the ideas and invest the $200 million capital into promising startups and ideas.
(more…)
Posted in Efficiency, Events, Smart Grid | 5 Comments »
Wednesday, June 30th, 2010
We talk a lot about the need for America to lead the world in green manufacturing, and with good reason: a strong green manufacturing sector will create good, domestic jobs and boost exports, all while helping us reduce carbon emissions and break our dependence on foreign oil.
But it’s not just talk. We’re taking action to re-establish that leadership, and what’s happening today, down in Louisville, Kentucky, is a perfect example of how we’re going to do it.
Vice President Biden was in Louisville yesterday to visit a General Electric facility called Appliance Park, where (more…)
Posted in Efficiency, Finance, North America | No Comments »
Monday, May 24th, 2010
(Reuters) – General Electric Co said on Monday it was tapped to sell wind turbines for what is expected to be the first freshwater wind farm in the United States, planned for Lake Erie in the American Midwest.
The largest U.S. conglomerate will initially provide five four-megawatt turbines to the planned wind farm, which is expected to begin operation in late 2012 and would be capable of producing enough electricity to meet the needs of 16,000 typical American homes.
The wind farm is scheduled to be built off the shores of Cleveland, Ohio, and its developers — the nonprofit Lake Erie Energy Development Corp — have a long-term goal of building it out to have a capacity of producing 1,000 megawatts of electricity by 2020.
(more…)
Posted in Energy, North America, Wind | 1 Comment »
Monday, April 19th, 2010
Battle of the Bulbs: LEDs (light-emitting diodes) have been the Next Big Thing in lighting for nearly a decade, but have never been made bright enough to illuminate the pages of Malcolm Gladwell while we read in bed. Until now.
This week, GE unveiled an eco-equivalent to the 40-watt incandescent bulb — a 9-watt LED that will go on sale late this year or early next. Days later, Philips announced its own entry, a 12-watt LED meant to replace the plain ol’ 60-watt bulb. Both will sell for $40 or $50 and could last up to 17 years — long enough that your mattress will give out before your bedroom bulbs do.
Not Exactly Glacial: Usually global warming occurs at pace that’s hard to detect, but that changed on Sunday for the people of Carhuaz, Peru. A massive block of the Hualcan glacier broke off and tumbled into a lake, creating a 75-foot-tall tsunami that killed three. (more…)
Posted in Biomass, Efficiency, Renewables, Transportation | No Comments »
Monday, November 16th, 2009
GE just invested in them. Now, Guy Sella, founder and CEO of Israeli company SolarEdge, is planning a revolution. Don’t be alarmed though, this one isn’t dangerous. His goal is to transform the way photovoltaic systems are now operated, in terms of efficiency, safety and cost.
“People haven’t been looking at photovoltaic systems from a holistic point of view,” Sella tells ISRAEL21c. “Panel manufacturers care only about the panels and panel conversion efficiency. The people that develop classical inverters only care about the efficiency of the inverter. I asked: can we create a system that is better than we currently have?”
(more…)
Posted in Featured, Solar | 8 Comments »
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