Archive for June 24, 2010
Published: June 24, 2010
Washington, D.C., United States — At a press conference hosted by former Senator Tom Daschle, a coalition of clean energy industries today called on the White House and Senate leadership to take urgent action upon Congress’ return from the July 4 recess on legislation that includes strong measures to promote clean energy.“Passage of a federal RES will help open the doors to a wave of manufacturing investment in the USA.”
– Steve Dayney, CEO, REPower
Held at the Waldorf Astoria Hotel on June 18-19, 2008, the conference once again took the lead as the annual event for the US renewable energy and finance industries. Over 700 senior decision makers from 450 companies and 20 countriesattended this flagship US event.
- An astounding 70% of the attendees are C-level (CEO, CFO, CTO, etc) , partners or managing directors; REFF-Wall Street is the deal makers event;
- The reputation of REFF-Wall Street and REFF-West is built on attracting the most senior individuals in financing and investment for the renewable energy sphere. People who control budgets, devise strategy and More >
June 24, 2010
General Electric announced that revenues from its Ecomagination products reached $18 billion last year from the sale of more than 90 products, up 6 percent from $17 billion in revenue from more than 80 products in 2008. GE also announced a target to grow revenues for the product line at double the rate of overall corporate revenues over the next five years, increasing its proportion of company sales. The conglomerate also announced it had made $1.5 billion in clean tech R&D investment, a year ahead of its goal for 2010.
In the first five years since the creation of the Ecomagination More >
MICHAEL KANELLOS: JUNE 24, 2010
Big equipment is going to be networked, says GE’s Steve Fludder.
General Electric will double down on the environment.
The sprawling conglomerate will spend $10 billion on research and development for products for the ecomagination group over the next five years, doubling the $5 billion spent in the inaugural five years of the program.
GE has also identified areas that will potentially allow it to cut $150 million per year out of its operating costs while reducing its environmental footprint.