GE has formed a dozen new partnerships to enable the acceleration and commercialization of technologies to help build the next-generation power grid.
The Innovation Award Winners
Capstone Metering LLC
Salem and Hollis, New Hampshire
West Lebanon, NH
Kiryat Yam, Israel
Capstone Metering applies remote communications technology to the century-old water meter. The company’s IntelliH2O is self-powered and delivers real-time water system management, which helps conserve water and eliminates the need for manual meter-readings.
Recognizing the substation's unique location in the electric grid, ElectricRoute created a communications gateway point for transmission and distribution systems. Its cyber-secure, communications network infrastructure eliminates duplicate sensors and thousands of copper lines running inside the substation.
GridON created a fault-current-limiter to protect the electric grid from disruptions and power outages, increasing the grid’s reliability and enabling load growth and generation expansion from alternative energy sources. This technology was developed in collaboration with Bar-Ilan University and Ricor Ltd and was exclusively licensed to GridON by the University’s transfer company (BIRAD).
Seeking to break one of nature’s strongest bonds, IceCode’s technology removes ice by using high-power pulses to apply heat from the inside out. Employing this technology for wind turbines substantially reduces the amount of energy used for de-icing and eliminates downtime for ice removal and inspection. Developed in collaboration with Dartmouth College.
WinFlex produces rotors for wind turbines from light, flexible and inexpensive cloth sheets made out of composite materials. This flexible rotor design reduces installation costs by at least fifty percent and shortens the return on investment to three-four years, without subsidies.
The Challenge community has spoken, and we’re excited to announce that Sagle, Idaho-based Solar Roadways received the highest number of Challenge community votes and will receive the $50,000 award.
The Venture Capital Partners
GE partnered with the following venture capital firms on the $200 million ecomagination Challenge. Learn more about GE's VC partners.
Emerald Technology Ventures is a global leader in clean technology venture capital. Founded in 2000, Emerald is a pioneer in the rapidly emerging clean-technology sector and is focused exclusively on innovative technologies in energy, advanced materials and water.
Every partner at Foundation Capital has been an entrepreneur. They have served as CEOs, executive managers and technologists – each with a compelling idea that ultimately resulted in real-world experience directing a company to success. Foundation is a venture capital firm where purpose and people count.
Kleiner Perkins Caufield & Byers offers qualified entrepreneurs access to the firm’s portfolio of companies and associations with global business leaders. These relationships are the foundation for strategic alliances, partnership opportunities and the sharing of insights to help build new ventures faster, broader and with less risk.
Rockport Capital is a leading venture capital firm that partners with clean-tech entrepreneurs around the world. They collaborate with management teams to foster growth and create value, building innovative companies that bring disruptive technologies and products to the 21st century.