Schneider Electric Acquires Renewable Choice Energy


By Editors of Power Engineering

Schneider Electric, a French global energy management and automation specialist, announced the acquisition of Renewable Choice Energy, a company that helps commercial, industrial and institutional clients navigate clean energy purchasing options.

Schneider Electric said in a press release the acquisition will enhance the company’s position in the renewables market. Specifically, the company’s advisory services for power purchase agreements will be improved, and clients will be able to receive assistance in the implementation of green technology.

“As clean energy reaches price parity with traditional energy, companies are taking aggressive steps to integrate renewables. We are seeing tremendous demand from clients to source a mix of green energy at a competitive rate,” said Steve Wilhite, senior vice president of energy and sustainability services at Schneider Electric. “Together, Schneider and Renewable Choice are the clear industry leader for clients looking to diversify their overall energy strategy, while providing critical sustainability and risk mitigation benefits via clean energy solutions.

Since Renewable Choice was founded in 2001, it has worked with 160 companies in the Fortune 500 and helped clients install over 1,000 GW of wind and solar capacity.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...