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China's smart meter boom will lead to 1 billion installations by 2020

from Green Biz

The number of smart meters installed worldwide will reach 963 million by 2020, largely due to China's aggressive effort to modernize its electric grid. By 2015, the installed base will reach 535 million units — more than twice as much as an earlier forecast from Pike Research. "It's almost double the initial forecast because of the growth in the Asia region," said Bob Gohn, Pike's Smart Grid Research Director. more

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