IT - energy smart grid rollout for China, integrating Solar and Wind

Firms eyeing gold in China's smart-grid rollout

As China aims to spend billions of dollars to criss-cross the country with new long-distance power infrastructure, investments in new technologies that combine electricity and telecommunications are drawing key interest from corporates.

IT energy Smart grid

These new technologies, known as 'smart grid', are estimated to be a nearly $100 billion opportunity over the next five years and would easily exceed the $45 billion China is spending on 3G telecommunications technology over the same period.

"Ultimately, the thinking is that the spending on energy production and distribution -- the grid -- will dwarf 3G spending,"

source: reuters.com