•  
  •  
  •  

Acciona enters Schneider's NEO club to grow

Image by Nordex (www.nordex-online.com).

January 9 (Renewables Now) - Spain's Acciona SA (BME:ANA) has joined the New Energy Opportunities (NEO) Network of Schneider Electric SE (EPA:SU) and expects this to allow it to fast-track projects.

Acciona Energy is now part of the worldwide community of over 150 companies committed to buying and developing renewable energy and clean technologies.

This partnership with Schneider comes at a time when corporate procurement of renewable energy is breaking year-over-year records, Acciona pointed out. More than 8.7 GW of large-scale offsite renewable power purchase agreements (PPAs) have been struck in 2018 alone in 28 countries. To date, Schneider Electric Energy & Sustainability Services has advised clients on over 4.5 GW of large-scale PPAs.

"The Network’s centralized range of services and extensive market reach will help us accelerate our renewable energy offerings for corporations. [..] A development that might have previously taken three years to engineer, finance and build now has the potential to be online in a year," said Acciona Energy head Santiago Gómez Ramos. 

Currently, the Spanish firm has more than 9 GW of renewables in its global portfolio and an additional 1 GW of wind and solar under construction.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription