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General Electric (GE) & Venture Partners Announce $200 Million Green Energy Pledge With Ecomagination Challenge

General Electric (GE) along with some leading venture capital partners such as Kleiner Perkins, announced today a $200 million contest which seeks to accelerate the advancement of the smart grid and other green energy solutions.  The “GE Ecomagination Challenge: Powering the Grid”, invites technologists, entrepreneurs and start ups to share their best ideas.

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Said GE CEO Jeff Immelt, "At GE we have invested broadly … Read the rest