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Rona Fried, Ph.D., is editor of Progressive Investor and CEO of Known for her wide-ranging, deep knowledge of sustainable business, she speaks and writes on topics related to green business, green jobs and green investing. She writes the "Investing in Clean Energy"... More
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  • Google Shares PowerMeter Application with Device Manufacturers 0 comments
    Mar 5, 2010 11:02 AM | about stocks: GOOG, MSFT

    Google, Inc (NYSE: GOOG) on Wednesday made available the source code for it's PowerMeter application, in the hopes that smart-device manufacturers will integrate the software into their products. 

    The company hopes to get a foothold in home energy management, which is expected to boom in the next few years.

    PowerMeter, which was unveiled in February 2009, is designed to gather information from a home's smart meter (or appliances with energy monitoring capabilities) and display it on the homeowner's computer. Google is offering the software for free to users and developers--as the company does with a wide variety of applications--to build user loyalty for the Google search engine, which generates the company's profits. 

    Microsoft (Nasdaq: MSFT) unveiled a competing application called Hohm in June 2009. And Apple (Nasdaq: AAPL) is reported looking to get in on the action with a combination of hardware and software.


    Disclosure: no positions
    Stocks: GOOG, MSFT
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