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Tuesday, December 14, 2010: GE recently announced the winners of its open Innovation challenge from India in the students’ category. The winning teams from IIT Kharagpur and K L University, Vijaywada will be awarded price money of 10,000 USD to further develop and implement their technology innovation ideas to build a Smart Grid of the future.
“GE Ecomagination Challenge – Powering the Grid” was launched in July 2010 to find breakthrough ideas to create a smarter, cleaner, more efficient electric grid, and accelerate the adoption of more efficient grid technologies.
The winning ideas are a Micro gird to power eco-friendly buildings and homes; and Bio reactor system to reduce the production time and cost of bio diesel. The winners were evaluated by a committee of representatives of GE businesses, the partner firms for the challenge, academics and technologists.
“Congratulations to the winners and I wish them all the best. I am glad that young engineering talent from India is working towards innovative ideas that will help drive a cleaner, more efficient and economically viable grid. India’s energy consumption has been increasing at one of the fastest rates in the world offering significant potential for generation of power using clean and renewable energy sources. GE’s Ecomagination initiative is aimed at accelerating R&D and deployment of clean energy technology”, commented Mr. John L. Flannery, President and CEO, GE India.
“We launched the Challenge to encourage new thinking and spur innovation at every level of development,” said Ms. Beth Comstock, senior vice president and chief marketing officer, GE. “The first step toward modernizing our grid is to uncover ideas and transform them into game-changing technologies and the Challenge has demonstrated that many great ideas exist out there.”
The winning ideas are a Micro gird to power eco-friendly buildings and homes; and Bio reactor system to reduce the production time and cost of bio diesel. The winners were evaluated by a committee of representatives of GE businesses, the partner firms for the challenge, academics and technologists.
“Congratulations to the winners and I wish them all the best. I am glad that young engineering talent from India is working towards innovative ideas that will help drive a cleaner, more efficient and economically viable grid. India’s energy consumption has been increasing at one of the fastest rates in the world offering significant potential for generation of power using clean and renewable energy sources. GE’s Ecomagination initiative is aimed at accelerating R&D and deployment of clean energy technology”, commented Mr. John L. Flannery, President and CEO, GE India.
“We launched the Challenge to encourage new thinking and spur innovation at every level of development,” said Ms. Beth Comstock, senior vice president and chief marketing officer, GE. “The first step toward modernizing our grid is to uncover ideas and transform them into game-changing technologies and the Challenge has demonstrated that many great ideas exist out there.”
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