Caribbean Energy Innovator Welectricity In Global Challenge
September 15, 2010 1 Comment
Welectricity, an innovative, award-winning social network that helps users track and reduce their electricity consumption at home – the brainchild of a Vincentian energy consultant – is a top contender in a global search by one of the world’s largest companies for the best ideas in the world to help power the 21st century ‘smart grid’.
The first round of the GE Ecomagination Challenge is based on open voting and as of yesterday, Herbert Samuel’s Welectricity was ranked fifth of over 1,500 ideas submitted to GE. Samuel is seeking votes from supporters to take Welectricity to the number one position by September 30th, when the voting round ends.
The Ecomagination Challenge, backed by a US$200 million fund, was launched in July by GE in collaboration with leading venture capital firms RockPort Capital, KPCB, Foundation Capital, and Emerald Technology Ventures. The challenge is the first step in a global commitment by GE and its partners to build an innovative clean energy future.
GE has set up an online voting system to record and track votes. To vote for Welectricity, supporters can visit http://welectricity.com/vote.
Welectricity, a free web application (www.welectricity.com) that allows users to track and reduce their electricity consumption at home, was launched on April 22nd and in four months had registered users from 40 countries worldwide.
Welectricity won a 2009 IDEAS Energy Innovation Contest award, which was sponsored by GVEP International, GTZ, the IDB and the Korean Government.
Welectricity is in 50 countries including Barbados.