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

Solar FlexRack - TDP Turnkey Tracker

Solar FlexRack - TDP Turnkey Tracker

Solar FlexRack TDP™ Turnkey Trackers are the next generation, single-axis solar tracker solution, complete with comprehensive services and support. What sets this tracking solution apart is its updated tracking technology bundled with a full suite of best-in-class project services and support for commercial and utility-scale solar customers. The TDP Turnkey Tracker offers the lowest total cost solution by providing the only tracker in the industry that includes full design, installation, commissioning, and support services bundled in one contract. Solar FlexRack's TDP Solar Tracker solution is supported by an in-house team of experts that includes mechanical, structural, civil, electrical and geotechnical engineers and geologists. To learn more about Solar FlexRack's TDP Turnkey Tracker, one of the most cost-effective and comprehensive tracker solutions available, please visit: http://solarflexrack.com/products/tracker.