SCHNEIDER ELECTRIC
“ We need to spend a lot of money in research and development in order to stay ahead of the curve from a technology perspective ”
– Andy Dewis , VP of International Solutions
Schneider Electric ’ s strive to become one of the most innovative energy companies in the industry has also led to the company ’ s recent acquisition of Renewable Choice Energy , a market leader in renewable energy strategy , green power and carbon offset markets . This integration will enable the extension of Schneider Electric ’ s current work in the global renewable energy space and support the company ’ s New Energy Opportunities ( NEO ) Network , a global network consisting of renewable technology developers and providers , financing companies and end users , which was launched in 2016 to help companies meet renewable energy and carbon goals . Dewis explains that this move will “ complement and bring more skills to Schneider Electric ’ s global operations .”
The company has carried out several other acquisitions and integrations , such as M & C Energy Group , Summit Energy and Feller , with the vision to create a solutions-focused business , supporting organisations and consumers across various segments .
168 March 2017