By: Benzinga
GE Energy Financial Service to Auction Transmission Capacity from Linden Variable Frequency Transformer Smart Grid Project
GE (NYSE: GE ) unit GE Energy Financial Services announced today that it will auction 15 megawatts of bi-directional electricity transfer capacity across its Linden, NJ, Variable Frequency Transformer (VFT) smart grid project, which uses GE technology to enable a simple and controlled transmission path between electrical grids. GE Energy Financial Services will hold
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