General Electric (GE)may very well be one of the most diversified companies in the world today. With branches in finance, aviation and energy, this company has managed to balance its widespread domains with sound managerial skills that have kept it competitive and profitable. At the time of writing, the stock was up around 2.4% from last year’s first quarter, and I believe that this rise is at least partially due to GE’s investment in clean energy projects around the world. It looks to like this company has recognized that the market is placing importance on the green economy for the future of investment.

In Australia, the country’s largest solar photovoltaic project has been in the works for the past four months. GE has announced that the 10-megawatt solar farm is moving from initial construction to the installation of panels manufactured by First Solar (FSLR). This undertaking is expected to create a hundred jobs, which should be viewed favorably by the people living in the area, I expect, as long as GE hires locally as much as possible, creating positive relations with the community it is impacting could prevent problems now as well as in the future.

GE is also working with Marriott International (MAR) and others to improve energy efficiency through its LED lighting system. Importantly, in my view, GE has managed to design a product that saves power use by 66% without compromising on the appearance. To continue reading, click here.