2010/12/10

"There's money to be made in smart power" from South China Morning Post

"As China aims to spend billions of dollars to criss-cross the country with new long-distance power infrastructure, investments in new technologies that combine electricity and telecommunications are drawing key interest from firms."

"IBM plans to launch nine smart-grid projects across the mainland and expects to generate US$400 million in smart-grid revenue there alone, it said earlier this year.

Companies including Hewlett-Packard, ABB, Siemens, Westinghouse, Duke Energy Corp and Alstom are also involved in smart-grid projects."

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