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Going green and appearing clean is sort of the big mantra in the corporate world these days. Consumers have displayed a clear preference for companies with green inclinations, and the corporate world is moving fast to cutback on emissions, and appearing green for the consumers.

The largest US conglomerate GE has picked up stakes in two startups, both of whom are working on different energy efficient and green systems. One of these startups is the Israel based SolarEdge. This company produces photovoltaic panels with up to 25 percent more efficiency when compared to the traditional panels.

The second company is the US based Tendril. This one works on the “smart grid”, creating equipment that helps utilities communicate with household appliances. Not only do such systems offer greater efficiency, they will be a great help in the coming age of electric vehicles. Such systems are likely to make charging of these vehicles more efficient, economical from users, while saving utilities from the load of charging vehicles during peak consumption times.

GE hasn’t disclosed the amount of investment put into both companies, but looks like it has found winners on the economic as well as the green side.

Source: Reuters

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