Home>Energy Management>Sustainable energy>New Energy Opportunities network expands to Europe

New Energy Opportunities network expands to Europe

29 September 2017

With rising corporate commitments and shifting regulatory requirements, companies across Europe are looking for ways to quickly advance renewable energy and sustainability initiatives. To help accelerate the pace, Schneider Electric is expanding the reach of the New Energy Opportunities (NEO) Network, a community of corporations committed to buying and developing renewable energy and cleantech around the world.

European organisations can now connect to the NEO Network to address science-based targets and clean energy goals across their footprint. The virtual community provides industrial and commercial 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. Industry leaders 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 Corporation. Developers EDF Renewable Energy and NextEra Energy are also now part of the network. 

“We have a long-term goal of using clean and renewable energy for all our operations,” said Sam Kapoor, chief global operations officer, Equinix, the world’s largest data centre and colocation provider. “The NEO Network has delivered insight and connections in the Americas to further that vision. And with Europe accounting for more than 40% of our energy use, it will be a valuable resource to build on our progress in the region.”

Schneider Electric serves as the network moderator, and lends its sustainability and energy management experience to educate, inform and guide members.