GE set up to cover LED and other New Energy Company Current

The Daily News International Group PV, General Electric (GE) announced on Wednesday (7 days), will set up a combination of LED and solar energy storage, General Electric Company and the new electric car business with the Predix platform, for customers to select and provide cost-effective and efficient energy solutions, the company was named Current.

Sylvester, President and chief executive officer of Ge lighting, will lead the new company Maryrose.

Ge chairman and chief executive officer Jeff Immelt (Jeff Immelt) said: "Current with General Electric in energy efficiency, solar energy, energy storage and on-site power generation products and services with our digital and analytical skills, provide more profitable energy for customers -- hospitals, universities, and city retail store solutions. "

"Create a new company in General Electric to strengthen our internal energy to a new level of commitment, focus on solutions for our commercial and industrial customers, municipal and public utilities partner customization, and provide a can with the development of technology platform upgrade. "

Current will start with more than $one billion in revenue, and plans to launch a new energy services, including sensor based hardware, software, implementation, production management and financing solutions.

By using the Predix platform, Ge will be able to detect energy consumption, and use the data read to inform the customer, to improve efficiency recommendations. These solutions are expected to help customers save about 10-20% of energy expenditure and contribute to the improvement of public sector partners to manage their load.

Beth Comstock, vice chairman of General Electric, managing Beth, which includes Current, said: "since Ge was founded, we have been changing the electricity and lighting sector. Energy is part of our tradition, part of our genetic code. Digital code is an important part of our future. Once again, with Current as a new business, we have the opportunity to lead another major change in energy delivery. "

"If commercial enterprises are to remain competitive, they cannot withstand the complexity and inefficiency of energy solutions. They are looking for a future oriented solution. From the socket to the grid, we understand the flow of electrons, and has a unique position, without considering the scene or customer conditions to optimize energy. "

Several customers, including Wall Green (Walgreens), Simon (Simon Property Group real estate group), Hilton (Hilton Worldwide), the global JP Morgan (JPMorgan Chase), American Hospital Corp (HCA), Intel (Intel) and Ingersoll Rand (Ingersoll Rand) under the Trane (Trane), have been tested with Current solutions to to promote energy efficiency and reduce the cost.

Current headquarters will be located in the Boston metropolitan area, an increase in Silicon Valley office. Current has started operations, is expected to create about two hundred new jobs.

It is understood that the establishment of the Current company will be responsible for the merger of LED business and industrial customers business, and GE lighting will continue to sell LED bulbs to the general consumer.

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