Duke Energy, Echelon team up on $1 billion smart grid project

August 10, 2009: 8:13 AM ET

Last week, the nation's third-largest utility, Duke Energy (DUK) filed an application for $200 million in federal stimulus funds to bolster its $1 billion smart grid initiative in Ohio, Indiana, and Kentucky. Today the company is announcing that it has found a partner to supply the guts for the project -- and it's not who you might think. More

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