22 Mar '12, 4pm

Technology for Good: A Half Century of GE Solar

Technology for Good: A Half Century of GE Solar

While oil prices rocked the American economy during the 1970’s, GE ramped up its research and development on solar energy. The company’s solar R&D began before Jimmy Carter plunked solar panels on the White House and a young California governor named Jerry Brown sponsored tax incentives for residential solar installations. In 1974, GE partnered with the National Science Foundation to demonstrate how solar power worked at a Boston area school. That year alone, solar was an integral part of GE’s R&D $352 million ($1.6 billion in 2012 dollars) budget. Other projects outlined in the company’s past annual reports include the linking of solar energy technology and heat pumps to offer home builders an alternative heating option in 1976, and a year later, updated photovoltaic technologies. By the end of the 1970’s, concern over the Three Mile Island accident and another series of ...

Full article: http://www.triplepundit.com/2012/03/ge-technology-for-goo...

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