GE Ecomagination Challenge winners announced
GE has announced five Innovation Award winners and ten new commercial partnerships resulting from Phase II of it Ecomagination Challenge
Article Summary
General Electric says that over 100 products have been brought to market since launching its Ecomagination project in 2005. Phase I of its latest Challenge has already resulted in 12 commercial partnerships aimed at developing the next generation of power grid technologies (including the outright acquisition of smart grid technology company FMC-Tech), and now the winners of Phase II: Powering Your Home have just been announced. GE has awarded five innovators US$100,000 each to further develop their technologies and also partnered with ten Home Energy technology companies.
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