USA: GE announced it will be joining with the MIT Energy Initiative (MITEI) to fund advanced technology solutions to help transform global energy systems.

GE and MIT join forces in transforming global energy systems

USA: GE announced it will be joining with the MIT Energy Initiative (MITEI) to fund advanced technology solutions to help transform global energy systems.  

GE will participate in four of MITEI’s Low-Carbon Energy Centers to advance research and development (R&D) in key technology areas for meeting future energy needs: electric power systems; solar energy; energy storage; and carbon capture, utilization and storage, the company said in a press release.

As a sustaining member of MITEI, GE will commit a total of $7.5 million over a five-year period and play an active role in the research and project priorities.

MITEI’s relationship with GE will engage and involve all of GE’s energy-related businesses.

Source: GE
Image: MITEI