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SCHNEIDER ELECTRIC SA - SBGSF STOCK NEWS

Welcome to our dedicated page for SCHNEIDER ELECTRIC SA news (Ticker: SBGSF), a resource for investors and traders seeking the latest updates and insights on SCHNEIDER ELECTRIC SA stock.

Schneider Electric SA (SBGSF) is a global leader in the digital transformation of energy management and automation. With a commitment to achieving net-zero emissions by 2030, Schneider Electric invests in clean energy projects to meet renewable energy goals. Recent collaborations with ENGIE and Crux showcase their innovative approach to sustainability, energy efficiency, and advancing the energy transition. Schneider Electric's investments in U.S. manufacturing operations demonstrate a dedication to strengthening domestic supply chains and creating new jobs. With a focus on grid modernization, security solutions, and tax credit investments, Schneider Electric continues to lead the way in sustainable energy solutions.

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Schneider Electric collaborates with Crux to Facilitate Purchase of 45X Tax Credits from Silfab Solar

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Schneider Electric announced a collaboration with Crux to purchase Section 45X Advanced Manufacturing Production Tax Credits from Silfab Solar. This purchase provides additional capital for Silfab Solar to expand their US solar PV module manufacturing. The collaboration aims to leverage the Inflation Reduction Act's tax credit transfer provisions to enhance renewable energy infrastructure and support sustainability efforts. Crux facilitated the transaction through its transferable tax credit ecosystem. This move is part of Schneider's broader strategy to assist clients in accessing tax credits while mitigating buyer risk. The tax credit market is expected to grow significantly, estimated at $7-9 billion in its first year.

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Schneider Electric Releases All-In-One Battery Energy Storage System for Microgrids

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Schneider Electric introduces a Battery Energy Storage System (BESS) as part of a fully integrated microgrid solution driven by its controls, optimization, and digital services. Graybar is the channel partner for BESS, emphasizing renewable energy solutions. BESS captures and stores energy for various applications, offering features like full integration, UL certification, easy installation, resilience, and multiple size options.
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Schneider Electric Announces Partnership with IPConfigure to Offer Unparalleled Security Solutions for Buildings

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Schneider Electric partners with IPConfigure to integrate cutting-edge video surveillance solutions into EcoStruxure Buildings platform, offering a comprehensive security ecosystem. The partnership aims to modernize buildings, enhance security, and simplify building operations through a scalable cloud management tool.
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Schneider Electric Announces U.S. Winners of Second Annual Sustainability Impact Awards

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Schneider Electric recognizes five U.S. companies for outstanding decarbonization efforts in the second edition of the Sustainability Impact Awards. Winners showcased innovative sustainability practices in energy management and automation. The global winners will be announced on April 3rd, highlighting the impact of Schneider's partner ecosystem in creating a more sustainable world.
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Schneider Electric to Invest $140 Million in 2024 to Expand U.S. Manufacturing Presence to Support Critical Infrastructure, Industries, and Data Center Demand

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Schneider Electric to Invest $140 Million in U.S. Manufacturing, Creating 750 New Jobs
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Open Platforming, AI and Strategic Collaboration Cement Schneider Electric's Leadership in End-to-end Solutions for Grids of the Future

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Schneider Electric, a leader in energy management and automation, showcases rapid innovations at DISTRIBUTECH International® 2024. Recognized by Guidehouse Insights for excellence in Grid DERMS and Grid Edge DERMS. Focus on grid modernization, distributed energy management, and optimization.
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Schneider Electric Announces Innovative Tax Credit Transfer Agreement with ENGIE to Accelerate Progress Toward its 100% Renewable Energy Goal in North America

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Schneider Electric commits to investing in Texas-based clean energy projects using Tax Credit Transfer Agreement to accelerate renewable energy procurement in the U.S. and Canada. The agreement with ENGIE leverages new tax credit transfer provisions in the Inflation Reduction Act to help achieve 100% renewable energy goal.
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Schneider Electric delivers next-generation, open automation infrastructure in collaboration with Intel and Red Hat

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Schneider Electric, Intel, and Red Hat have announced the release of a Distributed Control Node (DCN) software framework, enabling industrial companies to move to a software-defined, plug-and-produce solution. The framework supports interoperability and portability, aligning with the goals of the Open Process Automation Forum (OPAF) to drive industrial innovation.
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Schneider Electric Recognized Among 2024 Best Places to Work with National, Regional Honors

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Schneider Electric (SE) was recognized as a '2024 Best Places to Work' honoree by tech recruiting platform Built In. The company earned national and regional awards, including 'Best Places to Work' (#29) and 'Best Large Places to Work' (#13) on the national list, and regional rankings in Boston (#8 , #7), Chicago (#5, #4), Dallas (#3, #2), and Los Angeles (#5, #3). The program includes companies of all sizes, honoring those with the best total rewards packages across the U.S. and in large tech hubs.
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Digitalization is creating new technology jobs in industries, new Schneider Electric report shows

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Schneider Electric (SCHNEIDER), a leader in energy management and automation, released a report revealing that 45% of industrial companies believe digitalization will drive new job creation on the shop floor. The study, conducted by Omdia, also highlights the potential of digitalization to address talent shortages and extend job roles in the plant due to increasing sustainability requirements.
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FAQ

What is the current stock price of SCHNEIDER ELECTRIC SA (SBGSF)?

The current stock price of SCHNEIDER ELECTRIC SA (SBGSF) is $257.03 as of November 15, 2024.

What is the market cap of SCHNEIDER ELECTRIC SA (SBGSF)?

The market cap of SCHNEIDER ELECTRIC SA (SBGSF) is approximately 151.6B.

What is Schneider Electric SA known for?

Schneider Electric SA is a global leader in the digital transformation of energy management and automation.

What are Schneider Electric's sustainability goals?

Schneider Electric aims to achieve net-zero emissions across its operations by 2030.

What recent projects has Schneider Electric been involved in?

Schneider Electric has invested in clean energy projects with ENGIE and tax credit investments with Crux.

How is Schneider Electric contributing to U.S. manufacturing?

Schneider Electric is investing in U.S. manufacturing operations to strengthen domestic supply chains and create new manufacturing jobs.

What areas of focus does Schneider Electric have in terms of innovation?

Schneider Electric focuses on grid modernization, security solutions, and sustainable energy investments.

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SBGSF Stock Data

151.55B
538.05M
3.81%
53.3%
Specialty Industrial Machinery
Industrials
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United States of America
Rueil-Malmaison