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GE, Aramco Launch $200,000 Prize Challenge to Improve Desalination Energy Efficiency

GE, Aramco Launch $200,000 Prize Challenge to Improve Desalination Energy Efficiency

JOHANNESBURG--April 17, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Aramco Entrepreneurship (AE) (Saudi Aramco) (Dharhran, Saudi Arabia) and GE ecomagination (NYSE:GE) (Fairfield, Connecticut) are offering a $200,000 challenge for ideas to improve energy efficiency in the seawater desalination process. The four winners will each receive $50,000, plus further investments, which will go toward commercializing the best ideas taken from all submissions.