Smart Buildings

JPMorgan’s Record-Breaking LED Lighting Order is just the tip of GE’s Smart Iceberg

Current powered by GE, has announced a deal with JPMorgan Chase & Co. to install LED lighting across most of Chase's U.S. branches. The deal, potentially spanning 25 million square feet across roughly 5,000 branches, is the world's largest single-order LED installation to date. Current estimates that, once completed, the project could reduce the branches' lighting-related energy use by more than 50%, equal to taking nearly 27,000 cars off the road. The announcement comes just four months after the formation of Current, a first-of-its-kind energy start-up within GE that integrates GE's LED, Solar, Energy Storage and Electric Vehicle businesses with its industrial strength software platform, Predix. "LED commercial usage is anticipated to grow from 28% today to 95% by 2025, unlocking tremendous value for our customers to reduce energy cost and complexity in commercial enterprises", said Maryrose Sylvester, President and CEO of Current. "Chase understands this shift and is a frontrunner in leading the transformative […]

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