Schneider Electric recognised for renewable energy leadership in Asia

Schneider Electric recognised for renewable energy leadership in Asia

Schneider Electric has been recognised by the Center for Resource Solutions (CRS) for its leadership in constructing renewable energy markets and inexperienced energy procurement in Asia — receiving a Renewable Energy Markets Asia Award at CRS’s inaugural Renewable Energy Markets (REM) Asia convention. Schneider Electric was chosen for the award based mostly on its commitments to a clear energy transition.

The renewable energy panorama in Asia is shifting sooner than ever earlier than. The aim of the REM Asia convention is to help the expansion of renewable markets in Asia, specializing in company sourcing via inexperienced tariffs, certificates and energy buy agreements (PPAs). The occasion connects main trade gamers all through Asian renewable energy markets to community, study and plan for the way forward for the area.

“We’re proud to honour Schneider Electric at the Renewable Energy Markets Asia Awards in recognition of its efforts in providing access to clean electricity throughout Asia,” CRS Executive Director Jennifer Martin stated. “By investing in environmentally sustainable companies that provide clean energy to communities that lack a reliable supply, Schneider Electric is doing its part to ensure equal access to energy throughout the region.”

Schneider Electric has pledged to attain carbon neutrality by 2025 and net-zero CO2 emissions by 2030. Last 12 months, renewable energy powered 80% of the corporate’s operations, up from simply 2% in 2017. This improve is the results of a method to maximise the adoption of onsite capability, PPAs and certificates. Over a three-year interval, the corporate has geared up 15 industrial websites in China with onsite photo voltaic technology, with plans for three extra to be commissioned in 2021.

Schneider can be a market chief in industrial options to digitise operations, minimise energy utilization and emissions, and maximise renewable energy utilisation. Schneider’s aim is to assist its prospects save 800 million tons of CO2 between 2021 and 2025. The firm’s Energy and Sustainability Services (ESS) division has suggested on greater than 100 direct and digital PPA transactions for a complete of greater than 9000 MW globally in addition to the brokerage of practically 100 million MWh of energy attribute certificates, stated to make Schneider Electric the world’s largest adviser on company renewable energy procurement. ESS not too long ago established an workplace in Singapore to offer advisory companies to corporations with Asian operations.

The acknowledgment from CRS follows Schneider’s 2020 recognition because the Climate Group’s RE100 first Clean Energy Trailblazer, acknowledging Schneider’s drive to assist decarbonise the world by accelerating the adoption of renewable energy. In January this 12 months, Schneider was ranked the world’s most sustainable corporation by Corporate Knights, a media and analysis firm targeted on company sustainability efficiency.

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