Sunday, August 29, 2010

 

Vote Welectricity

Welectricity, an innovative, award-winning tool for delivering energy efficiency via social networking is in contention in the GE Ecomagination Challenge, a global search by one of the world’s largest companies for the best ideas in the world that will help power the 21st century ‘smart grid’.

The Ecomagination Challenge, backed by a US$200 million fund and launched by GE earlier this month in collaboration with leading venture capital firms RockPort Capital, KPCB , Foundation Capital, and Emerald Technology Ventures, is a global commitment to build an innovative clean energy future.

The first round of the challenge is based on open voting – and Welectricity, the brainchild of Vincentian energy consultant Herbert A (Haz) Samuel, is now ranked in the top ten of over 530 ideas submitted to GE from all corners of the globe.

Subsequent rounds of the challenge will be adjudicated by GE’s panel of experts and several ideas will be selected for cash prizes and for the development of commercial working relationships with GE

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