General Electric Co said it will invest $70 million in its Schenectady battery plant in New York to double production and create 100 jobs there. This will take the plant’s workforce 450 at full capacity.
The factory manufactures GE’s Durathon batteries, which are half the size of conventional lead-acid batteries but last ten times longer.
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The Finnish technology and energy group Wärtsilä has launched a new generation of smart energy storage systems.
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