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Loading... A new report from Pike Research forecasts that 276 million smart grid communications nodes will be shipped worldwide from 2010 to 2016, with annual shipments increasing dramatically from 15 million in 2009 to 55 million by 2016... this will represent a total industry investment of $20.3 billion during the seven-year forecast period, with annual revenues increasing from $1.8 billion in 2009 to $3.1 billion by 2016..."

Wednesday, March 9, 2011

GE to build $40 million smart grid tech center in Ontario

Mar 9, 2011
Quick Take:  GE has a clever tactic as it races Siemens and ABB for the smart grid crown. It is partnering with national and regional governments to build innovation centers while encouraging those areas to adopt smart grid incentives. The governments get local jobs plus the hope of expanded export opportunities. GE gets local support and friends in high places.

The Ontario center announced below is one example. But the one with the most long-term potential, in my view, is the one that opened in April in the Chinese city of Yangzhou.– Jesse Berst

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