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Mark Vachon, the recently tapped head of GE's green-tech push, plans to expand internationally and form partnerships to get cleaner products to the "tipping point."
At CES, General Electric sponsors an entrepreneurial challenge to gather and fund the best ideas focused on home energy management and on-site power production.
Company is increasing its investment in its green-tech R&D program Ecomagination but is toning down growth estimates.
Company partners with MTVU to encourage students to come up with innovative ways to make their campuses more environmentally friendly.
Conglomerate commits to reducing its water usage by 20 percent by 2012, while increasing its investments in clean tech.
Part of its $17 billion Ecomagination initiative, GE is increasing research in batteries for transportation and energy storage on the electricity grid.
"We have our own clean tech fund here," says GE's vice president of Ecomagination program.
Natural gas plant with solar and wind integration can maximize efficiency while adhering to EU emissions standards, company claims.
General Electric's renewable energy financing business backs wind turbine blade maker TPI Composites which raises $20 million in a series B round.
In its green business plan contest, General Electric and venture capitalists put $68 million in home energy start-ups to bring their products to market.