GE Awards First Ecomagination Millions to Smart Grid Firms

GE handed out the first of what will be $200 million in awards from its Ecomagination Challenge to companies making windows that automatically tint to keep buildings cool, heating systems that run on solar-powered hot water and other energy-efficient technologies developed with the smart grid in mind. Out of nearly 4,000 ideas submitted to the challenge, GE selected 12 companies that will be on the receiving end of $55 million. The challenge, which was open for 10 weeks, is aimed at speeding up the development and use of power grid technology around the world. In addition to investing in ideas, GE will work with winners on technology development, validation and distribution. The 12 companies GE is partnering with work on energy storage, utility security, energy management software, electric vehicle charging and other technologies that connect with power grids.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Sierra Instruments, Inc.- InnovaMass. Reinvented.

Sierra Instruments, Inc.- InnovaMass. Reinvented.

Sierra was the first to introduce a combination volumetric vortex and multivariable mass flow meter in 1997. Today, Sierra's completely redesigned InnovaMass® iSeries™ 240i/241i builds on two decades of success measuring five process variables for gas, liquid and steam with one connection. Now, with the latest hyper-fast microprocessors, robust software applications, field diagnostic and adjustment capability, and a new state-of-the-art flow calibration facility, Sierra's vortex iSeries delivers precision, performance, and application flexibility never before possible.