08 May '12, 6pm

GE Partners in China, Ventyx Expands in South America: We've got a host of international smart grid news to re...

GE Partners in China, Ventyx Expands in South America: We've got a host of international smart grid news to re...

We've got a host of international smart grid news to report this week, starting with the world's biggest future smart grid market -- China. On Tuesday, General Electric announced a partnership with China's XD Electric Group to combine GE’s grid automation services with XD Electric’s primary power equipment. Within China, the two companies are forming a joint venture to push automation to XD’s existing customers, but the partners intend to expand beyond China, as well. GE also took a 15 percent equity stake in XD Electric. While XD focuses on high and ultra-high voltage transmission and distribution equipment, GE works across the electric delivery chain. “This is the beginning of an important relationship between two companies with complementary product lines and commitments to technology. It will enhance GE’s ability to provide end-to-end transmission and distribution solu...

Full article: http://www.greentechmedia.com/articles/read/ge-partners-i...

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