• GE Invests Up to $40 Million in eSolar

    GE Invests Up to $40 Million in eSolar

    General Electric Co. (GE) bought a minority stake in the California-based solar company eSolar this week. As a result of the deal, Paul Browning, President and CEO of Thermal Products for GE Energy, will join eSolar’s Board of Directors. ESolar already had a licensing agreement with GE Energy, which granted it exclusive worldwide rights to eSolar’s modular technology for its… Read More

  • A Wind Farm In Oregon Draws $100 Million Investment From Google's Treasury

    Google Inc.’s putting another $100 million into large-scale, renewable energy projects. The company’s director of green business operations, Rick Needham, revealed Monday in a post to the corporate blog: [Google] invested approximately $100 million in the Shepherds Flat Wind Farm…currently under construction near windy Arlington, Ore. When completed in 2012 [the plant]… Read More

  • Ioxus Raises $21 Million For Improved Power Storage Technology

    A New York-based clean tech startup, Ioxus, raised a $21 million investment from Energy Technology Ventures (a GE-NRG Energy-ConocoPhillips joint fund), Northwater Capital, Aster Capital and their previous backers Braemar Energy Ventures, the companies announced today. Ioxus makes lithium-ion hybrid capacitors, and ultracapacitors, which are (often alongside other battery technology) used… Read More

  • Coulomb Tweaks Electric Vehicle Chargers For Europe, Ready For Nissan LEAF

    Coulomb Technologies — a Campbell, Calif. company that makes electric vehicle charging stations, related apps and network technology — today revealed new features and certifications that should help the company grow its business in European markets, and prepare for the Nissan LEAF to hit the streets. One new feature of the company’s ChargePoint network allows… Read More

  • GE Buys Electrical Engineering Company Converteam For Up To $3.7 Billion

    GE Energy this morning announced that it has acquired a stake of approximately 90 percent of Converteam, a France-based provider of electrification and automation equipment and systems, for approximately $3.2 billion. Converteam’s senior management will retain the remaining stake in the company, but GE has agreed to purchase their shares over the next two to five years for a price that… Read More

  • GE Discovers New Breakthrough Material For Thermal Management In Electronics

    As electronics become more advanced, we approach a point where normal materials like copper simply cannot take the heat. For computing to get any faster, better cooling solutions will be needed — we’ve known this for a while. GE recently announced that their scientists at the GE Global Research Center have discovered a new thermal material that is a major science breakthrough. Read More

  • Good Thing For Green Tech? GE Chief, Jeff Immelt, To Chair Obama's Council On Jobs

    On Friday, President Obama appointed General Electric’s chief executive, Jeff Immelt — an advocate for carbon cap-and-trade — chairman of his panel of outside economic advisors, the newly branded Council on Jobs and Competitiveness. GE is one of the world’s largest manufacturers of clean energy and related technologies. The company makes everything from large wind… Read More

  • GE To Buy Lineage Power, Makers Of Green Data Center Equipment, For $520 Million

    Consumer and business uptake of cloud computing, mobile internet voice, video and real-time data are increasing energy demand dramatically among data centers, telecom and IT service providers. Anticipating the trend will continue for quite some time, General Electric (GE) today announced its plan to acquire Lineage Power Holdings from Los Angeles private equity firm, Gores Group, for $520… Read More

  • GE Invests In Makers Of Solar-Powered Air Conditioners, And Eleven Others

    At a conference held by General Electric (GE) this morning in New York, chief executive Jeff Immelt revealed his company’s plans to invest $45 million in twelve digital energy, or smart-grid related companies— the first of several investments planned through the company’s Ecomagination business competition. The newly funded entities include: ClimateWell, Consert, FMC-Tech, Ltd. Read More

  • GE To Buy 25,000 Electric Vehicles Including 12,000 Of The Chevy Volt

    Today, General Electric (GE) offered details about its committment to encourage the widespread adoption of all-electric vehicles. The company plans to walk the walk with a purchase of 25,000 electric vehicles by 2015, including an order for 12,000 Chevy Volt vehicles in 2011 from General Motors (GM), a GE business partner. Within the next three years, GE expects to generate up to $500 million… Read More

  • GE's New Halogen-CFL Hybrid Bulb Eliminates Light Switch Lag

    One of the most annoying things about fluorescent bulbs (including their new and improved little brothers, the CFLs) is the way they take a little time to get to full brightness. It differs from bulb to bulb, but you always end up cursing it inwardly, as it always keeps you in suspense of when that slight flicker will end. Well, GE has solved that problem, at least kind of, by putting a… Read More

  • Follow The Solar Panel Road: Solar Roadways Wins First GE Ecomagination Challenge Award

    It looks like the future may be paved with solar panels after all. In early August, we told you about an out-of-the-box green tech company, named Solar Roadways, that had the audacious plan to replace America’s asphalt roads with textured, glass solar panels that could collect energy, distribute it and simultaneously serve up LED-powered signs (see video below). Sounds like a pipe… Read More

  • GE Acquires Smart Grid, Specialty Software Designers, Opal Software

    General Electric (GE) — one of the world’s largest, corporate cleantech investors and acquirers of cleantech companies — today announced its acquisition of Opal Software, which designs software and provides engineering services that help electricity, gas and water utilities run their operations and networks faster, and more productively. Opal’s specialty is in data… Read More

  • GE' Beth Comstock and Intuit's Scott Cook on Cultures of Innovation

    Intuit, GE Executives Trade Notes On Innovation And Acquisitions

    Speaking at TechCrunch Disrupt in San Francisco today, Scott Cook, the founder and chairman of Intuit, and Beth Comstock, the chief of marketing and vice president of General Electric (GE) traded notes on innovation, investing and acquisitions. Intuit’s best-known products include Turbo Tax, Quickbooks and Quicken, software that helps consumers, the owners of small and medium sized… Read More

  • Khosla Completes The VC Triumvirate At Disrupt

    In venture capital, there are three people who rule Silicon Valley: John Doerr of Kleiner Perkins, Michael Moritz of Sequoia Capital, and Vinod Khosla of Khosla Ventures. All three will be speaking at Disrupt. (There are still a few tickets left). We’ve already mentioned Doerr and Moritz, and now we are pleased to announce that Khosla will be completing the triumvirate. Khosla, of… Read More

  • Intuit's Scott Cook And GE's Beth Comstock To Explore Cultures Of Innovation At Disrupt SF

    Intuit's Scott Cook And GE's Beth Comstock To Explore Cultures Of Innovation At Disrupt SF

    Disruption happens. If you are a startup, you try to be the disruptor. But what if you are an established company with billions of dollars in revenue? Then you try to create a culture of innovation that rides the wave of change before it leaves your company behind. The trick is to know when to catch that wave. Next week at TechCrunch Disrupt, Intuit founder Scott Cook and GE’s… Read More

  • GE Counting On Energy Monitoring And Solar To Cut Home Energy Usage By 70%

    In an effort to push the limits of home energy efficiency, General Electric is partnering with the U.S. Department of Energy on a $5 million project to connect homes in the Western U.S. to its energy management system, LED lights, appliances and solar panels. The purpose of the project is to research home energy efficiency and test new tracking systems. GE thinks participants will be able to… Read More

  • Opportunities In The Patent-Free Zone

    China may overtake Japan to become the world’s second-largest economy this year. On its heels is India, and countries such as Brazil and Russia are not far behind. What does this mean for entrepreneurs? That, increasingly, the big opportunities lie outside the U.S. Most people aren’t aware of another advantage in emerging markets: you can freely leverage the wealth of proven… Read More

  • Terra-Gen Power Closes $1.2B in Financing to Build Nation's Largest Wind Farm

    Terra-Gen Power announced closing $1.2 billion in construction financing and wind turbine orders. The company will build four wind power projects for the Alta Wind Energy Center in Kern County, California, for which Vestas-American Wind Technology will provide 190 turbines with a capacity of 570 megawatts. This is the largest number of wind turbines ever ordered for a single site in the… Read More

  • Curbside car chargers should start showing up next year

    Given the limited range in fully electric cars, charging points are going to be an important part of the infrastructure in the future. GE has hired a designer to create the “WattStation”, a charger designed to top up your new electric car in four to eight hours. Read More