Showing posts with label Street. Show all posts
Showing posts with label Street. Show all posts

Tuesday, October 04, 2011

GE's China Ideas Bank Includes Use of Biogas

BEIJING—General Electric Co. Wednesday opened a $100 million contest in China to fund innovative gas-energy projects, similar to the company's previous innovation programs in the U.S.

GE is launching its "Ecomagination Challenge" in China along with seven venture-capital partners, together providing $100 million to back innovations in gas power, including natural gas, biogas, shale gas and coal-bed methane gas.

Speaking at a news briefing, Chairman and Chief Executive Jeffrey Immelt said GE expects revenue from its energy business in China to grow ...

BEIJING—General Electric Co. Wednesday opened a $100 million contest in China to fund innovative gas-energy projects, similar to the company's previous innovation programs in the U.S.

GE is launching its "Ecomagination Challenge" in China along with seven venture-capital partners, together providing $100 million to back innovations in gas power, including natural gas, biogas, shale gas and coal-bed methane gas.

Speaking at a news briefing, Chairman and Chief Executive Jeffrey Immelt said GE expects revenue from its energy business in China to grow ...


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