-Overtakes US as largest market. 24% year on year growth.
Latest quarter at second highest $2.5b
China #1, Germany #2
Private market is more accommodating and doesn't take 6 months
Schneider Electric eyes Tyco
Deloitte & Touche report
Likely
--America and the French
-except more issues with advent of summer cooling loads
--concern over quality of borrowers
--batteries won't cut it