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Schneider Electric, a global leader in energy management and automation digital transformation, is committed to sustainability and innovation. The company recently announced investments in Texas-based clean energy projects, aiming to achieve its 100% renewable energy goal in the U.S. and Canada. Schneider Electric's collaboration with ENGIE North America and Crux showcases its dedication to accelerating grid modernization, manufacturing jobs creation, and integration of cutting-edge video surveillance solutions into its EcoStruxure Buildings platform. Through these initiatives, Schneider Electric is driving the transition to a more sustainable and efficient energy landscape.

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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 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 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 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 U.S. Manufacturing, Creating 750 New Jobs
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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 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, 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 (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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Schneider Electric (SCHN) appoints Amel Chadli as Gulf Cluster President, focusing on digital transformation, sustainability, and AI technologies. Chadli emphasizes people development, partnerships, and sustainability initiatives.
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FAQ

What is the current stock price of SCHNEIDER ELEC UNSP/ADR (SBGSY)?

The current stock price of SCHNEIDER ELEC UNSP/ADR (SBGSY) is $49.86 as of December 20, 2024.

What is the market cap of SCHNEIDER ELEC UNSP/ADR (SBGSY)?

The market cap of SCHNEIDER ELEC UNSP/ADR (SBGSY) is approximately 149.3B.

What is Schneider Electric's recent announcement related to clean energy projects?

Schneider Electric has announced investments in Texas-based clean energy projects to achieve its 100% renewable energy goal in the U.S. and Canada.

How is Schneider Electric contributing to grid modernization?

Schneider Electric is accelerating grid modernization through collaborations with industry leaders to enhance grid intelligence, efficiency, and distributed energy resource management.

What partnership has Schneider Electric formed to integrate video surveillance solutions?

Schneider Electric has partnered with IPConfigure to integrate cutting-edge video surveillance solutions into its EcoStruxure Buildings platform, offering an advanced security ecosystem.

What does Schneider Electric's collaboration with Crux entail?

Schneider Electric's partnership with Crux aims to procure tax credits from Silfab Solar to support the expansion of American manufacturing of solar energy, demonstrating the company's commitment to sustainability.

SCHNEIDER ELEC UNSP/ADR

OTC:SBGSY

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SBGSY Stock Data

149.35B
2.79B
0.13%
Specialty Industrial Machinery
Industrials
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United States of America
Rueil-Malmaison