The VELUX Group and Schneider Electric partner to pursue renewable energy
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LONDON, Jan. 27, 2021 /PRNewswire/ The VELUX Group and Schneider Electric, the global leader in the digital transformation of energy management and automation, today announced they will pursue renewable Power Purchase Agreements (PPAs), in a partnership. This will further the world s leading roof window manufacturer s efforts to deliver on its 100% renewables electricity (RE100) target by 2023, which is part of its company carbon neutral goal for 2030.
(PRNewsfoto/The VELUX Group)
The prospective PPAs aim to enable the development of new renewable energy projects across Europe, with Schneider Electric supporting the VELUX Group in the procurement process as a full-service buyer s advisor. The VELUX Group s primary motivation is to achieve its RE 100 target and bring new renewable energy onto the grid.