Tremendous growth over the past decade has created a massive demand for energy to support China's business and consumer lifestyles. Today, GE and State Grid Corporation of China (SGCC), China's top power distributor and one of the world's largest utilities, announce plans for several joint ventures to address China's growing energy needs and to electrify its vast transportation infrastructure. These joint ventures, part of GE's plans to invest US$2B in China through 2012, will play a vital role in supporting the country's energy demand through the development of a smarter grid that will help achieve environmental and economical goals.

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Posted by mopeng at November 9, 2010 5:05 PM