GE to plow $1 billion into clean tech research
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"We have our own clean tech fund here," says GE's vice president of ecomagination program.
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General Motors Corp. said Monday it will set up a $250 million alternative-fuel research center in Shanghai amid efforts by global automakers to produce commercially viable alternatives to gasoline engines.
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The Defense Department said on Thursday it would field questions from the public about a $1 million contest to build a lightweight, wearable battery power system for U.S. forces.
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WASHINGTON: General Electric Co (GE), which began business process outsourcing to India long before the term became familiar and the issue a hot button one, is planning to sell its India operation.
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An industry consortium planning a coal plant that will capture its carbon dioxide and pump it underground has chosen a site near Mattoon, Ill., for the $1.5 billion project.
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California should try to add solar energy systems to 1 million homes by 2017 to save electricity and cut pollution from power plants, Gov.
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General Electric Co. GE.N on Monday  said it would buy the Edwards Systems Technology business from  SPX Corp. SPW.N for nearly $1.4 billion in cash to broaden  its security business.
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SolarReserve forecasts $1 billion market in next ten years for storing electricity made with concentrated solar power.
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Science & environment: General Electric plans wind generators with blades the size of a jumbo jet's wingspan.
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(InfoWorld) - A group of some of the biggest technology companies said they've committed to a plan to improve the power efficiency of equipment they make and use. The Climate Savers Computing Initiative , which includes companies such as Google Inc., Microsoft Corp., Intel Corp., Hewlett-Packard Co., Dell Inc. and Sun Microsystems Inc., aims to improve the efficiency of power sources for computers and servers and encourage end users to take advantage of underused power management techniques. Only about 50 percent of the power that leaves a power outlet reaches a PC, because inefficient power cords leak energy, Google's Senior Vice President of Operations, Urs Holzle said Tuesday during a press conference to announce the program. Climate Savers has defined a series of standards for power supply efficiency in servers and PCs that it suggests members adopt between now and July 2010. By 2010, the Climate Savers standard will define a power supply that is above 95 percent efficient, Holzle said. The program asks manufacturing members to build products to the standard and companies to pledge to buy products that have the improved power supplies. The improvement doesn't require the development of new technologies. "This is all do-able today with technology we have and know," Holzle said. The reason that vendors haven't deployed such efficient power cords is because they cost more, said Pat Gelsinger, senior vice president and general manager of Intel's digital enterprise group. A PC with a more efficient power cord would cost around US$20 more and a server an additional $30, he said. To address that price premium, Climate Savers is encouraging energy companies to issue rebates to users that buy products with the more efficient power supplies. Over time that cost premium is expected to drop with volume production, Gelsinger said. In addition, end users will save on their energy bills, also helping to offset the cost, he noted. Another component of Climate Savers is general education and encouragement for end users to take advantage of power management mechanisms that are typically built into existing PCs. "Ninety percent of PCs are capable but aren't utilizing power management techniques," Gelsinger said. "We want to drive IT policy in enterprises," he said. Improving power supply efficiencies and the use of power management techniques along the timeline Climate Savers has described would reduce global carbon emissions from the operation of computers by 54 million tons per year. It would save 62 billion kilowatt hours of energy in 2010, worth around $5.5 billion in energy costs, the group said. In its own data centers, most of Google's servers already have power supplies that comply with the Climate Savers standards for 2008 and 2009, Holzle said. Google began investing in the more expensive supplies because "it's worth spending a bit more on the power supply to save on the energy bill," he said. He defended Google's overall carbon footprint, despite questions about company jets that are hard on the environment. He pointed to the solar power used at the company's headquarters and incentives for employees to buy hybrid cars. In addition, he hinted at future energy-saving programs that the company plans to announce soon. Although Holzle said he knows Google's carbon footprint, he declined to share it. Other companies that are already part of the program include Yahoo Inc., Hitachi Ltd., eBay Inc., Advanced Micro Devices Inc., NEC Corp., Red Hat Inc., Lenovo Group Ltd., Unisys Corp. and the Linux Foundation.
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A decade after the first Prius went on sale, Toyota's global sales of hybrid vehicles have hit a landmark 1 million, underlining the Japanese automaker's lead in "green" technology that has changed the face of the auto industry.
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Australian and Japanese researchers are working on a prototype &quot;near zero-emission&quot; coal-fired electricity plant in an effort to reduce a major source of greenhouse gas emissions, they said.
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General Electric Co. (GE.N: Quote, Profile, Research) on Wednesday said it would buy Ionics Inc. (ION.N: Quote, Profile, Research) for about $1.1 billion to build out its water treatment and services business.
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The Bush administration yesterday laid out a long-term "strategic plan" for using technology to curb the impact of global warming, reiterating its position that basic scientific research and voluntary actions can curb greenhouse gases linked to climate change.
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The industrial giant's new Munich research outpost puts renewable energy in high gear
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The location of a $1.8 billion pollution-free coal plant research project is to be announced on Tuesday
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G.E. plans to participate in the countryâs âmassive focusâ on energy and will create a fund for infrastructure that could reach $1 billion.