GE, VCs Offer $200 Million In Smart-Grid Challenge
SAN FRANCISCO - General Electric and four venture-capital companies are putting up $200 million to award entrepreneurs for coming up with innovative ways to modernize the electricity grid. At an event at San Francisco, the companies launched the "GE Ecomagination Challenge: Powering the Grid," a competition designed to cultivate smart-grid technologies, CNET News.Com reported. The