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The company plans to develop products in China, for China.
Its entrance to the market could help make solar power cheaper.
The devices could help stabilize the grid, and make charging electric cars cheaper.
New direct-drive turbines promise to lower the cost of offshore wind energy.
GE is pushing the smart grid and thin-film solar, but don’t expect new kinds of nuclear reactors.
Regulations, privacy and security concerns, and other issues could hold back developments.