silicondunia.com

Intel has invested $10 million in five companies that develop technologies to reduce electricity bills and greenhouse gas emissions in homes and data centers.As part of a multi-faceted approach to reduce its impact on the environment ,Intel Capital, the company’s investment arm, has invested in companies that develop technology to enable active monitoring of electricity usage. Intel has invested in U.S. companies which focus on better demand and supply of energy to homes and data centers ,smarter grids, smart meters,home automation,energy efficient high-performance computing and in Irish companies which focus on digital power control.Intel has already invested up to $100 million in the clean technology space, said Steve Eichenlaub, a managing director at Intel Capital, during an event in San Francisco.

Intel also has its own Open Energy Initiative  which brings smart energy technologies to consumers, enterprises and utilities. It has successfully implemented energy saving strategies , and over the last 7 years, the company has invested in more than 250 energy conservation projects with resulting savings in excess of 500 million kilowatt hours.
This commitment makes Intel the single-largest corporate purchaser of green power in the United States, according to the U.S. Environmental Protection Agency (EPA).

The writer is a software engineer but occassionaly writes to silicondunia