Why GE and other energy giants are investing billions in battery storage

July 20, 2016

Last year GE launched a $1 billion energy services company, Current, which Westerhof says aims to be a full-service solutions provider for the power sector, focusing on commercial and industrial power customers. In April, Current bought building automation startup Daintree Networks for $100 million, moving GE into the building energy management market.

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GE staying Current by becoming an 'as-a-service' business
GE staying Current by becoming an 'as-a-service' business