GE and Fuji Electric Holdings Co., Ltd. has announced a joint venture to design, build, market and service a new generation of electric meters. The joint venture was finalized February 1, 2011. The company has been named GE Fuji Meter Co., Ltd.These electric meters will be supporting Japan’s advancement towards a smart grid infrastructure. The newly formed joint venture will build upon GE’s proven smart meter technology, as well as, Fuji Electric’s Japan-based manufacturing and sales network, to provide quality, cost-effective meters.
Smart grid advances include easier integration of renewable energy sources, such as wind and solar power, as well as, efficiency and reliability gains. With these advances, Japan will be better equipped to use more zero-emission energy and shrink its carbon footprint.
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