“GE is stepping up its storage game with the announcement of Reservoir, an energy storage platform aimed at applications that could help enhance the performance and duration of solar and wind power plants, as well as relieving congestion on the grid, for instance, by deferring the need for a new substation.
The Reservoir announcement comes amidst GE’s efforts to revitalize itself and its power business. Late last year, GE said it planned to lay off12,000 employees at its GE Power unit.”
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