In another sign of China’s emergence as an epicenter of green technology, I.B.M. has opened a lab in Beijing to develop smart grid software for the global market.
“We’re developing solutions for around the world but we’re looking to China to see how the pieces integrate across the value chain,” said Brad Gammons, I.B.M.’s vice president for sales and distribution for the company’s Energy and Utilities division.
Mr. Gammons himself has relocated to Beijing, where he will continue to oversee worldwide sales for the unit.
“The company made a decision that China is a very, very important growth market and to put some executives here,” he said in a telephone interview from Beijing. He said I.B.M. expects the new Energy & Utilities Solutions Lab to drive $400 million in revenue over the next four years.
It is operating out of I.B.M.’s 5,000-person China Development Laboratory. The new lab is working with the State Grid Corporation of China on pilot projects to integrate wind and solar power with the grid, manage grid operations and increase the efficiency of nuclear power plants.
The Chinese government has budgeted $7.3 billion for smart grid-related energy projects this year, according to ZPryme Research & Consulting, a firm based in Austin, Tex.
Mr. Gammons said electric cars will be one focus of I.B.M.’s new lab.
You can read the rest of the story here.