GE and XD Electric Bring New High-Voltage Capabilities to Upgrade Europe’s Aging Infrastructure
· GE and XD Electric Will Bring a New Portfolio of High-Voltage Transmission Solutions to Use on the European Electricity Network · Access to XD Electric’s Complementary High-Voltage Equipment Strengthens GE’s Capability to Support the Replacement and Expansion of Europe’s Aging Electrical Systems through More Renewable Integration and Advanced Modernization to Meet European Commission Directives · Transmission and Distribution is a $100 Billion Industry with Strong Growth Dynamics in Emerging Economies and Electrification of Industrial Processes Shanghai, Aug. 27, 2013—By 2020,