Follow the Green Money: GE to Invest $10 Billion Over 5 Years, Amyris Receives $138.6 Million, Boston Power Secures $60 Million

Over the next five years, conglomerate GE will be investing $10 billion into research and development of its Ecomagination line.  GE will invest in efficient jet engines, smart meters, smart appliances, wind turbines and  LED lights.  The size of the investment rivals the venture capital funding in 2009 and is only exceeded in size by the Federal government.  Since 2005, when GE first began Ecomagination, they have invested $5 billion.  During that same time period, Ecomagination technology and products have generated $70 billion in revenue from sales.

Biofuel developer, Amyris has secured $138.6 million from investors as well as selling a 17% stake in the company to French oil giant, Total. This partnership with Total should give investors more confidence when Amyris has its initial public stock offering later this year. Here is a list of current openings at the Emeryville, CA based company.

Boston Power has secured $60 million to continue in the business of producing energy storage devices for electric vehicles and utilities. They are hiring for positions in the US and overseas.