Schneider Electric and Huck Capital recently announced a partnership to create a new company that will provide energy as a service for advertising and advertising constructions, combining Schneider’s expertise in energy and micro-network control with Huck’s sustainability investments and operational focus. According to the companies, this partnership creates a cutting-edge option for construction homeowners and operators who need to transfer to renewable energy to reduce emissions, increase construction resilience and reduce costs, without investing in renewable energy assets and relying on specialists to exploit the micro-grid.
“Renewable energy, generated through buildings, is no longer available only to a few with experience in internal energy and capital to invest,” Emmanuel Lagarrigue, Chief Innovation Officer of Schneider Electric, said in the press release. “This partnership will decarbonize, an undeniable on-site energy available for a much larger market.
Small and medium-sized buildings now account for more than 90% of buildings in the United States and Canada. In addition, a recent wood Mackenzie study found that 600,000 buildings in the United States, with a total demand of 145 GW, can save money by switching to solar power on the site.
“Companies need to maximize their energy independence and minimize their carbon footprint,” said Steve McBee, founder and CEO of Huck Capital. “This style drives a long-term carbon-free and provides consumers with the clean and reliable responses they need. The energy transformation has arrived and there is no better spouse to respond at this time than Schneider Electric.”
Energy-as-a-service style simplifies what can now be a highly personalized, complex and costly procedure by offering standardized, modular, and preconceived solutions. An average micro-network renewable energy saves more than 10,000 tons of greenhouse fuels over its lifetime, the equivalent of 21 million kilometers of automobile. The new company’s pipeline projects five megatonnes of greenhouse fuel savings.
“We know that in the current crisis, corporations want to maintain their money flow and our solution will allow them to decarbonize and reduce energy prices while freeing up capital for their businesses,” said José Lorenzo, CEO of the new company.
Schneider Electric will announce news in the coming weeks.
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