European companies to join the NEO network to boost clean energies

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Schneider Electric announced the arrival of the New Energy Opportunities (NEO) network to Europe, a community of forward-thinking companies committed to purchasing and developing renewable energies and cleantechn around the world, as most European companies are seeking for ways to quickly advance in renewable energies and sustainability.

As part of this initiative, companies can now join the NEO network and reach their clean energy goals. This virtual community offers C&I companies exclusive access to information about the market, prices, projects, technology promoters and suppliers, simplifying the purchase process.

50 companies have already joined

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 center and colocation provider. “The NEO Network has delivered insight and connections in the Americas to further that vision.

C&I companies have played an increasing role in the demand for renewable energy, adding more than 8,000 GW of wind and solar power to the global grid since 2010. In Europe, 60 corporations have joined the U.K.-based RE100 and committed to source 100 percent of electricity from renewable resources. A further 150 European companies have agreed to set science-based targets for greenhouse gas emissions reduction, many of which will rely on renewable energy and other clean technologies to meet their goals.

The ability to access up-to-date intelligence and connect with associates across the cleantech marketplace is key to success. The NEO Network meets these needs with introductory and advanced education, and a space to facilitate innovation and transactions, and share best practices.

Participation in the NEO Network is available to C&I buyers, and renewable energy and cleantech solution providers via subscription.

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