IBM to Launch Green Tech Business Unit
IBM will launch a new business unit in 2007 that will focus on environmental technologies, the Associated Press reports. The unit will get $10 million in seed money to try to turn technologies developed in IBM’s labs into products with environmental benefits.
Among the ideas the unit expects to explore: a networked system for efficiently managing a municipal water supply; methods of using nanotechnology to improve water desalination and filtration; and improved solar power cells.
“We kind of think that given how big the opportunity is here, it’s almost a slam dunk for us,” said Paul Horn, who directs IBM’s nearly $6 billion-a-year research and development organization.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Bridgewater, MA, Gets $231,000 Efficiency Grant
- Biomass Group Studies Role in Clean Power Plan
- Rockleigh Borough Installing LEDs, Low Energy AC
- PHG to Build Big Gasification Plant for Sevier Solid Waste
- Energy Profile of Commercial Buildings Changing
- Smart Meter Market Surging
- Modular Data Centers Cut Construction Costs
- Failure to Build Energy Infrastructure Could Cost New England $5.4B