General Electric Company is a global leader in infrastructure and financial services, founded in 1892 and headquartered in Fairfield, Connecticut. The company operates across various segments, including power and water, oil and gas, energy management, aviation, healthcare, transportation, and appliances. Its power segment provides a range of products such as gas and steam turbines, nuclear reactors, and renewable energy solutions. The oil and gas division specializes in drilling and production systems, while the aviation sector manufactures jet engines and aerospace systems. GE also focuses on healthcare technologies, including medical imaging and patient monitoring, as well as transportation solutions like locomotives and diesel engines. Additionally, GE is investing in the Industrial Internet, leveraging advanced software to enhance operational efficiency and asset management for industrial clients. Through its commitment to innovation and sustainability, GE aims to address pressing environmental challenges while delivering valuable insights to its customers.
Energetic Insurance, Inc. is an InsurTech company based in Boston, Massachusetts, founded in 2016. The company specializes in providing solar insurance solutions aimed at mitigating credit and counterparty risks associated with commercial and industrial solar photovoltaic projects. Its flagship product, EneRate, offers coverage for third-party solar developers and asset owners, protecting them against payment default risks and revenue losses when off-takers fail to meet their Power Purchase Agreement (PPA) obligations. Additionally, Energetic Insurance has developed a systematic approach to address off-taker payment defaults, thereby facilitating solar financing for organizations that are unrated or classified as below investment grade. This innovative, data-driven methodology aims to enhance risk management within the renewable energy sector, promoting increased project deployment and capital investment in solar initiatives.
Resolute Marine Energy, Inc. is a Boston-based company founded in 2007 that specializes in developing wave energy converters to generate clean energy from ocean waves. The company focuses on harnessing ocean wave energy for power generation and transporting seawater to onshore desalination facilities, effectively producing potable water and electricity. Its technology serves various commercial applications, including open-ocean aquaculture, seawater desalination, and ocean observation systems. By providing wave-driven power services, Resolute Marine Energy aims to support sustainable development, align water supply and demand in water-stressed areas, and contribute to the reduction of carbon emissions. The company has received grants from the Department of Energy and was recognized as the 2010 winner of the Global Entrepreneurship Week's Startup Open competition.
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