GE Rooting for Renewable Energy Sources
GE Rooting for Renewable Energy Sources

GE has made its intentions of diving into the green-data-centers business clear, as it has recently invested more than half a billion dollars on the power conversion company known as Lineage Power. The conglomerate is known for producing wind turbines, wind mills and the works.

According to the American Government, data centers in the country were responsible for electricity bills amounting to $4.5-billion in the year 2006. They had apparently sucked out 1.5% of the total energy produced in the country.

It has already been predicted by experts that electricity bills for such centers will shoot up to $7.4-billion annually by the year 2011.

Talking about the high electricity requirement of data centers, the Head of Energy Venture Capital Investments, Kevin Skillern said that the rate of electricity consumption was much higher than 1.5%, and was possibly hovering around 3 to 4%.

Apart from Lineage Power, GE has been a strong supporter for other such Companies like JouleX and SynapSense previously. However, this new buyout is being seen as one of its bigger investments towards renewable power energy machinery.

Lineage Power is known for converting AC current to DC, which is more efficient and is also better for the grid that provides electricity to servers and other equipment that is allowing data centers to operate smoothly.

Latest News

Indian-origin doctor jailed for death of woman
Britain's fattest teenager, tragic 63st Georgia Davis, refused to board vital fl
Scientists Suggest to Rise Prices of Caffeinated Drinks
Ontario’s Fight to Cut Spending Concerns Health Care Costs
Flesh eating bacteria affected Woman on Recovery Track
Women Outweigh Men in Food Shopping
2nd Heart Transplant Rejection Claims Teenager’s Life
Pom Wonderful Comes out with a New Ad Campaign after Court’s Ruling
Women Not Provided With Vital Information Relating To Infertility
Kids Confusing Tiny Detergent Packs With Toys
Dragon Becomes 1st Private Spacecraft
NASA Worried over Lunar History