General Electric says its plan to pour $5 billion in investments into energy efficient and environmentally oriented projects has been met a year ahead of schedule.

It also said Thursday that it is committed to spend an additional $10 billion by 2015.

General Electric Corp., based in Fairfield, Conn. said in its annual report that its investment in its "ecomagination" program is paying off.

Revenue from products and services its has developed under the initiative crossed $18 billion in 2009 and that it has reduced emissions of greenhouse gases blamed for global warming.