Schneider Electric is expanding the reach of the New Energy Opportunities Network, a community of corporations committed to buying and developing renewable energy and cleantech around the world.
European organizations can now connect to the NEO Network to address science-based targets and clean energy goals across their footprint.
The virtual community provides commercial and industrial (C&I) companies exclusive access to market intelligence, project and pricing information, and developers and technology providers, streamlining the often-complicated buying process.
The NEO Network launched in North America in 2016. Since then, it has grown to more than 50 corporate purchasers, and renewable energy and cleantech companies.
BiC, Danone, Ferrero, GSK and Saint-Gobain recently joined the community, adding to the ranks that include founding members such as AEG, Equinix and VF Corp. Developers EDF Renewable Energy and NextEra Energy are also now part of the network.
Schneider Electric serves as the network moderator and lends its sustainability and energy management experience to educate, inform and guide members. The company is the world’s largest renewable energy consultant, having helped C&I companies procure 3 GW of new wind and solar capacity.
It has also transacted on more than 50 million megawatt-hours of Energy Attribute Certificates (e.g., Renewable Energy Certificates and Guarantees of Origin) and over 1.5 million metric tons of verified carbon offsets in Europe and around the globe.
In addition to regional support in Europe and North America, NEO Network members are able to get market research and reports on rapidly developing renewable energy and cleantech markets — India, Mexico, China and Australia, among others.