Free press releases distribution network?

Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



GE and Saudi Aramco Launch Global Innovation Challenge to Find Renewable Energy Solutions for Seawater Desalination - GE ecomagination and Aramco Entrepreneurship today launched an open global technology challenge to accelerate the development of solutions focused on improving the energy efficiency of seawater desalination - Waed.net
GE and Saudi Aramco Launch Global Innovation Challenge to Find Renewable Energy Solutions for Seawater Desalination

 

PRZOOM - /newswire/ - New York, NY, United States, 2014/04/15 - GE ecomagination and Aramco Entrepreneurship today launched an open global technology challenge to accelerate the development of solutions focused on improving the energy efficiency of seawater desalination - Waed.net. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment/Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The US$200,000 challenge will be awarded to four winners with a prize of US$50,000 each, and further investments towards commercialization of the best ideas among all submissions will be considered.

Current desalination techniques are typically very energy intensive: energy consumption can account for up to 70 per cent of the desalination costs. The global production of desalinated water uses approximately 75.2 terawatt-hours of electricity per year, enough to power nearly 7 million homes. The goal of this challenge is to identify novel ways to lower these costs around the world, either through technology advances, process improvements, or both.

Nabil Al-Khowaiter, Aramco Entrepreneurship’s Director of Special Projects, stated that “Finding a more efficient method of desalinating seawater will be a game-changer in our collective pursuit of a more sustainable energy future across the globe. Due to increased water scarcity, countries around the world are poised to rely more and more heavily on desalination as a means to provide fresh water. With current techniques, this increased reliance could contribute dramatically to increased energy use. Aramco Entrepreneurship is partnering with GE not only to identify new solutions to lowering desalination costs, but also to invest in and attract new technologies and industries to Saudi Arabia.”

Deb Frodl, GE’s global executive director, ecomagination said,“GE ecomagination is investing to speed up the development of more sustainable solutions for water desalination. Through this challenge, we hope to inspire scientists, engineers, entrepreneurs, and innovators around the world to bring their talents to this effort and help drive greater outcomes for customers.”

The open innovation challenge aims to identify new solutions to lower total desalination costs and emissions through: cleaner energy sources; incorporating advanced materials; and integrating processes better. Solutions must be innovative, impactful, feasible and scalable across the globe.

Entries are being immediately accepted at ninesights.com. The deadline to submit entries is July 16, 2014, and winners will be announced in November 2014.

The challenge is the fifth ecomagination open innovation challenge since ecomagination launched in 2005. GE has a successful history with open innovation challenges; most recently launching an advanced manufacturing challenge to use 3D printing to improve the production of a GE aircraft engine bracket and two healthcare challenges to advance work in breast cancer and traumatic brain injury diagnosis.

Since its 2005 launch, ecomagination the company’s commitment to technology solutions that save money and reduce environmental impact for its customers and GE’s own operations has generated more than US$160 billion in revenue. GE’s own operations have seen a 34 per cent reduction in greenhouse gas (GHG) emissions since 2004 and a 47 per cent reduction in freshwater use since 2006, realizing US$300 million in savings. Building off this success, in February 2014, GE renewed its ecomagination focus by committing to reduce GE’s GHG emissions and freshwater use by 20 per cent, from the 2011 baseline, by 2020 and announcing the continuation of GE’s R&D investment committing to invest US$10 billion additional in ecomagination technologies to reach a total investment of US$25 billion by 2020.

About GE
GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

About Aramco Entrepreneurship
The Saudi Aramco Entrepreneurship Center (Aramco Entrepreneurship) is a wholly owned subsidiary of Saudi Aramco, which supports high impact entrepreneurs and small and medium-sized enterprises (SMEs) by providing non-collateralized loans through its Wa’ed loan program and equity investments through its Wa’ed VC program.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment/Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Environment/Recycle articles,
CATCH Visitors via Your Competitors Announcements!


GE and Saudi Aramco Launch Global Innovation Challenge to Find Renewable Energy Solutions for Seawater Desalination

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GE News Center | Saudi Aramco
Contact: Megan Parker - GE Corporate 
646-682-5605 megan.parker[.]ge.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Environment/Recycle via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From General Electric Company / Company Profile


Read Environment/Recycle Most Recent Related Press Releases:

Frost & Sullivan Lauds Evoqua's Exceptional Turnaround Times and Product Quality in the Mobile Water Treatment Market
Agilyx Introduces Public Monthly Plant Tours
Veolia Chosen to Engineer and Deliver A Large Scale Wastewater Treatment Plant for Aramco’s Jazan Refinery in Saudi Arabia
NACWA Recognizes Veolia and Three Municipal Partners for Superior Environmental Compliance
Lewatit and Lewabrane to Treat Nile water
Canadian Refinery to Recycle its Water with GE’s Wastewater and Chemical Treatment Technologies
Veolia Completes Final 'Green Steam' Milestone with Reconfiguration of Kendall Cogeneration Station
Agilyx Introduces Chemical Recycling of Waste Polystyrene At APEC Meeting
Canadian Oil Refinery to Reuse 100 Percent of Water with GE’s Wastewater Treatment Technology
Frost & Sullivan Highlights Green Worx's Commitment to Sustainability by Creating Environmentally Friendly Cleaning Products

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  JobsWare.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today