GE is launching its Ecomagination Challenge in China along with seven venture capital partners, together providing $100 million to back innovations in gas power, including natural gas, biogas, shale gas and coal bed methane gas.
General Electric, a US-listed industrial conglomerate, has set up a $100m contest in China to fund innovative gas projects.
GE is launching its Ecomagination Challenge in China along with seven venture capital partners, together providing $100 million to back innovations in gas power, including natural gas, biogas, shale gas and coal bed methane gas.
Venture capital partners for the fund include Citic Capital Partners, an affiliate of Chinese financial conglomerate Citic Group, and Sequoia Capital China.
Winners…
