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Schneider Electric Accelerates the Energy Transition at the 20th Anniversary of RE+ - Schneider Electric (OTC:SBGSF), Schneider Electric (OTC:SBGSY)
New announcements feature a commercial electric vehicle charger and a first-of-its-kind home energy management solutionExecutives from Schneider Electric to speak on six key panels at RE+, addressing DERs, renewables, VPPs, smart panels, and more ANAHEIM, Calif., Sept. 10, 2024 /PRNewswire/ -- Schneider Electric, the leader in the digital transformation of energy management and automation, today released its full lineup at RE+, the largest and most comprehensive event in North America for the clean energy industry for the past 20 years. The new energy landscape is marked by the transition from a purely uni-directional energy flow to a bi-directional energy flow, with early adopting consumers becoming prosumers: producing, consuming, and managing their own energy from renewable sources, like solar. The speed of the energy transition must accelerate with faster technology deployment to electrify homes, buildings, and transport. This faster pace of change requires building a simpler experience for prosumers. Schneider Electric makes this happen as a reliable and trusted global leader with the most comprehensive portfolio of solutions for energy management from grid to plug. Schneider Electric shared two industry-shaping announcements at the show: A commercial electric vehicle (EV) charger, Schneider Charge Pro, that provides reliable, flexible, and sustainable smart charging, delivering a seamless experience for installers, operators, and drivers. Schneider Charge Pro is an integral addition to Schneider's portfolio of EV infrastructure solutions, now offering everything needed to develop and deploy a customized EV charging infrastructure program.The launch of Schneider Home, a new solution designed to help homeowners simplify their energy management, easily extend their home's backup power, and save money on their utility bills. Schneider Home combines solar, battery, EV charging, and utility power into one easy-to-use system, all managed through a single app. Schneider Electric and affiliated executives from across the business will be on panels at RE+ to discuss topics ranging from grid resilience to solar: Resilient Futures: Harnessing Renewables, Storage, and other DERs for Climate Adaptation and Grid StabilityTuesday, September 10, 2024 (2:30 PM - 3:30 PM PT) @ 210AB, Level 2, Anaheim Convention CenterPanelist: Jana Gerber, President, Microgrid North America, Schneider ElectricRE+ Master Speaker Series: From VPPs to Beyond: Safe, Reliable, and Affordable Investment on the Grid EdgeTuesday, September 10, 2024 (3:15 PM - 4:00 PM PT) @ California Ballroom CD, Level 2, Hilton AnaheimPanelist: Luis D'Acosta, CEO, UplightMastering the Multi-Stage Journey of EV Charging ProjectsTuesday, September 10, 2024 (5:30 PM - 6:00 PM PT) @ Electric Drive Theater, Booth #AL66000, Arena Lobby, Level 1, Anaheim Convention CenterPanelist: Jonathan Leicester, VP, Head of Commercial, EV Connect North AmericaSmart Panels Plus: Turning Buildings into DERsWednesday, September 11, 2024 (9:30 AM - 10:30 AM PT) @ 209AB, Level 2, Anaheim Convention CenterPanelist: Scott Harden, CTO, Schneider ElectricGrowing Pains: Load Growth Projections and Energy Burden - A Chance for Community Solar and Distributed Energy Resources (DERs) to Shine?Wednesday, September 11, 2024 (2:30 PM - 3:30 PM PT) @ 210AB, Level 2, Anaheim Convention CenterPanelist: Jaser Faruq, SVP, Prosumer Innovation & Energy Storage, Schneider ElectricQuickTalk: Future Proofing Your Fleet- Capacity for EV Charging Wednesday, September 11, 2024 (11:30 AM - 12:00 PM PT) @ 208AB, Level 2, Anaheim Convention CenterPanelist: Ken Sapp, SVP, Business Development, Qmerit "The technology we need to further the energy transition is already available, but the pace of the transition must accelerate," said Nadège Petit, Chief Innovation Officer, Schneider Electric. "We need to rapidly scale the deployment of solar technology, EV charging infrastructure, microgrids, and the electrification of homes, buildings, and transport. As a trusted global leader with the most comprehensive energy management portfolio from grid to plug, we are committed to driving this accelerated change by simplifying the prosumer experience." For media inquiries or to schedule an interview with Schneider Electric executives during RE+, please contact luis.davila@se.com or vicki.true@se.com. About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. www.se.com Discover Life Is On Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights. Hashtags: #SchneiderElectric #LifeIsOn #RE+ #Renewables #EV #SmartHome View original content to download multimedia:https://www.prnewswire.com/news-releases/schneider-electric-accelerates-the-energy-transition-at-the-20th-anniversary-of-re-302243467.html SOURCE Schneider Electric Market News and Data brought to you by Benzinga APIs
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Schneider Home is Now Available to Make Energy Management Easier for Homeowners - Schneider Electric (OTC:SBGSF), Schneider Electric (OTC:SBGSY)
First-of-its-kind solution integrates solar, battery, EV charger, and utility power to simplify energy management through a single intuitive appBy making cutting-edge technology easy to understand, Schneider Home helps homeowners take control of their energy, boost efficiency, extend backup power, and save money ANAHEIM, Calif., Sept. 10, 2024 /PRNewswire/ -- Schneider Electric, the global leader in digital transformation of energy management and automation, today announced the nationwide launch of Schneider Home, a new solution designed to help homeowners simplify their energy management, easily extend their home's backup power, and save money on their utility bills. Introduced at RE+, North America's largest clean energy event, Schneider Home combines solar, battery, EV charging, and utility power into one easy-to-use system, all managed through a single app. Developed for convenience and simplicity, Schneider Home automates energy savings, extends backup power runtime, enhances electrical safety, and provides control to make homes more efficient, resilient, and sustainable. This integrated solution starts with Schneider Pulse, a smart electrical panel at the heart of the system directly integrating each piece of the solution; Schneider Boost, a home battery for safe, clean energy storage; Schneider Inverter, a hybrid solar inverter; Schneider Charge, an electric vehicle (EV) charger; and Schneider X Series outlets, light switches, and dimmers, all connected to intelligently orchestrate home energy conveniently through the intuitive Schneider Home app. "Homeowners are dealing with increasing energy prices and an unreliable power grid at a time when their lives and homes are becoming more dependent on electricity, forcing them to reexamine how they power their homes," said Nadège Petit, Chief Innovation Officer, Schneider Electric. "But they have few existing options, and they all require separate apps and disjointed hardware. Schneider Home is a fully integrated solution that eliminates that complexity. It gives homeowners complete control, putting them in charge without requiring them to engage with multiple apps, products or interfaces." Thanks to financial incentives, like the Inflation Reduction Act, upgrading to Schneider Home is now more affordable than ever. This solution qualifies for many of these programs, allowing homeowners to save significantly on the purchase and installation, as well as on their future utility bills. Schneider Home is easy to purchase as a full suite or incrementally as the homeowner's needs change over time, with online tools that walk homeowners through options to meet their specific needs and connect them with a certified installer. Recently recognized as the world's most sustainable company, this launch demonstrates Schneider Electric's continuing leadership in home energy management systems and the reason Schneider Electric residential products are installed and trusted in four out of 10 U.S. homes. Schneider Home has already earned the CES Innovation Award and the OMDIA Innovation Award, as well as being named a Sustainable Product of the Year by Green Builder Media. Good Things Happen When You're in Control Schneider Electric is rolling out its first U.S. consumer digital advertising campaign for California homeowners, encouraging them to change the way they look at their home's energy and to put take back the power, money, and control with Schneider Home. By simplifying a complicated topic like home energy management, the new ad campaign aims to empower homeowners with a simple understanding of the value of a Schneider Home. The three new 30-second spots use different musical genres to bring to life the savings, the peace-of-mind of reliable energy, and ease of control available with Schneider Home with different musical genres underscoring the campaign theme, Good things happen when you're in control. The new advertising spots can be previewed here (Ad 1, Ad 2, and Ad 3). For more information on the solution and how to order it, please visit SchneiderHome.com. About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. www.se.com Discover Life Is On Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights. Hashtags: #SchneiderElectric #SmartHome #Innovation #EnergySavings #adcampaign View original content to download multimedia:https://www.prnewswire.com/news-releases/schneider-home-is-now-available-to-make-energy-management-easier-for-homeowners-302243838.html SOURCE Schneider Electric Market News and Data brought to you by Benzinga APIs
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Schneider Charge Pro Advances EV Charging Solutions to Boost Adoption - Schneider Electric (OTC:SBGSF), Schneider Electric (OTC:SBGSY)
Schneider Charge Pro commercial electric vehicle charger enables reliable, flexible, and sustainable smart charging, ensuring a seamless user experience for EV installers, operators and driversOffering turnkey solutions for the growing EV market, Schneider's eMobility infrastructure portfolio includes robust and integrated support for faster resolution of issues and greater charger uptime BOSTON, Sept. 10, 2024 /PRNewswire/ -- Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the new Schneider Charge Pro Level 2 AC Commercial Electric Vehicle Charger, a groundbreaking addition to the EV charging market. Engineered to deliver energy-efficient and sustainable charging for commercial fleets, workplaces, multifamily residences, and destination venues, Schneider Charge Pro offers durability, fast setup, and integrated support for commercial EV charging. As electric vehicle (EV) adoption surges, the demand for reliable and efficient commercial EV charging infrastructure is set to grow exponentially. Regulatory measures, incentives and subsidies, infrastructure investment, and R&D funding are all accelerating the transition to EVs. With projections indicating a 15-fold market expansion by 2040, Schneider Electric is poised to meet the increasing needs of this rapidly evolving sector. The Schneider Charge Pro addresses key challenges such as market fragmentation and unreliable installations by providing a robust, dependable, and user-friendly solution to support the future of electric transportation. More than just a charging station, Schneider Charge Pro is part of a fully integrated, turnkey solution providing installation, hardware, software, and operations and maintenance (O&M) that only Schneider can provide. Designed to bolster Schneider's portfolio of EV infrastructure solutions - together with its portfolio companies - Schneider's Charge Pro, for the first time, brings a complete eMobility solution to the market that simplifies the entire transition to EV charging with seamless integration with EV Connect charging management software for remote management and analytics across station access, pricing, and performance, along with comprehensive installation and maintenance services from Qmerit. With this, Schneider offers its customers everything they need to develop and deploy a customized EV charging infrastructure program. From assessment and procurement, to installation, maintenance and support, Schneider provides convenience and comprehensive offerings from a single manufacturer. "As the world's most sustainable company with 15+ years of experience in developing and deploying EV charging solutions, we are uniquely positioned to lead the charge in this new energy landscape," said Jaser Faruq, SVP Prosumer Innovation, Schneider Electric. "Our commitment to being a clean energy partner solving critical industry challenges has led us to develop a solution that encompasses everything needed to develop and deploy customized EV infrastructure. With a focus on reliability and ease of use, we are confident the Schneider Charge Pro will set a new standard in commercial EV charging." For fleet operators, multifamily property managers, and commercial venue owners, the Schneider Charge Pro offers a hassle-free, efficient way to meet the increasing demand for EV charging infrastructure. Key features of this eMobility solution include: Feature Rich: Built with an aluminum back enclosure for enhanced durability, plug-and-charge capability, Wi-Fi, Ethernet, and cellular connection options, and configurable with OCPP1.6. It is plug-and-charge hardware ready with ISO 15118-2 communication and supports smart charging via the OCPP backend. Additionally, a 25 ft cable provides easier access to vehicles.Faster, Easier Installation: Designed for quick setup, reducing installation costs, equipment costs, and labor costs. Includes a pre-configured EV Connect network management system, easy mount bracket, 48A or 80A derateable options, and back/bottom conduit entry for simpler installation.Integrated and Simplified Support: Offering remote station monitoring to detect and triage issues before they become service calls, and 24/7 technical support for businesses and EV drivers for faster issue resolution and greater charger uptime. "As vehicle electrification moves beyond early adopters into the mainstream, millions of public level 2 chargers will be required to support vehicle owners that don't have access to dedicated off-street parking at home," said Sam Abuelsamid, Principal Analyst with Guidehouse Insights. "DC fast charging is important to support longer distance trips and vehicles that require minimal downtime. However, AC charging is far more cost effective for both site hosts and drivers and puts far less strain on the electrical grid making it the preferred solution for most EV drivers." As the EV market continues to expand, Schneider Electric remains committed to providing innovative solutions that drive the transition to a more sustainable future. To learn more, visit https://www.se.com/us/en/product-range/284361929-schneider-charge-pro-ac/#overview. About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all. www.se.com Discover Life Is On Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights. Hashtags: #SchneiderElectric #LifeIsOn #ChargePro #ElectricVehicle #EVCharging View original content to download multimedia:https://www.prnewswire.com/news-releases/schneider-charge-pro-advances-ev-charging-solutions-to-boost-adoption-302243841.html SOURCE Schneider Electric Market News and Data brought to you by Benzinga APIs
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Schneider Electric announces new products and initiatives at the 20th anniversary of RE+ event, focusing on energy transition, home energy management, and EV charging solutions.
Schneider Electric, a global leader in energy management and automation, made significant announcements at the 20th anniversary of the RE+ event in Las Vegas. The company showcased its commitment to accelerating the energy transition and introduced innovative solutions for both residential and commercial sectors 1.
One of the key highlights was the launch of Schneider Home, a comprehensive home energy management solution now available to U.S. homeowners. This integrated system combines solar inverters, home batteries, smart electrical panels, electric vehicle chargers, and connected electric sockets and switches. The Schneider Home app allows users to monitor and control their home's energy consumption, potentially reducing energy bills by up to 33% 2.
Schneider Electric also introduced Schneider Charge Pro, a new line of electric vehicle charging solutions designed to boost adoption and make EV charging more accessible. The product range includes AC and DC chargers suitable for various applications, from residential to commercial and fleet charging. These chargers offer features such as smart charging capabilities, integration with building management systems, and compliance with utility demand response programs 3.
At RE+ 2023, Schneider Electric emphasized its collaborations with key industry players to drive the energy transition. The company highlighted its partnerships with AutoGrid, a Schneider Electric company, to optimize distributed energy resources. Additionally, Schneider Electric showcased its microgrid solutions, which integrate renewable energy sources and storage systems to enhance grid resilience and sustainability 1.
Schneider Electric's presence at RE+ 2023 also underscored the importance of grid modernization and digitalization in achieving energy transition goals. The company presented its suite of digital solutions, including EcoStruxure for Renewables and ETAP, which enable efficient design, operation, and maintenance of renewable energy systems and electrical networks 1.
Through its latest offerings, Schneider Electric aims to empower both consumers and businesses to take control of their energy consumption and contribute to a more sustainable future. The Schneider Home system and Schneider Charge Pro solutions represent significant steps towards making advanced energy management technologies accessible to a broader audience, potentially accelerating the adoption of renewable energy and electric vehicles 2 3.
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Schneider Electric joins Nozomi Networks' MSSP Elite Partner Program to offer advanced managed security services for critical infrastructure sectors, leveraging AI-driven analytics for improved cyber threat detection and response.
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Schneider Electric and GR3N join forces to address plastic recycling challenges and promote circularity in the chemical industry. The collaboration aims to scale up GR3N's innovative recycling technology and reduce the environmental impact of plastic waste.
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Schneider Electric announces new solutions for AI-ready data centers, including a reference design co-developed with NVIDIA for liquid-cooled high-density AI clusters and a new compact UPS, addressing energy efficiency and sustainability challenges in AI infrastructure.
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Major automakers BMW, Ford, and Honda have launched ChargeScape, a joint venture aimed at integrating electric vehicles with the power grid. This initiative promises to revolutionize EV charging and energy management.
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The lithium-ion battery market is projected to grow by $448.8 billion, while Europe's EV charging connector market is expected to increase by $58.6 million from 2024-2028. These growths are driven by rising demand in various sectors and the increasing adoption of electric vehicles.
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