Schneider Electric is expanding the reach of its New Energy Opportunities Network, a growing community of corporations committed to buying and developing renewable energy and cleantech around the world.

The network was launched in the US last year and has attracted companies such as AEG, Equinix, VF Corporation, BiC, Danone and Ferrero.

Now European organisations can also connect to the network to address science-based targets and clean energy goals. Schneider Electric says that the virtual community provides commercial and industrial companies exclusive access to market intelligence, project and pricing information, and developers and technology providers, streamlining the often-complicated buying process.

“We have a long-term goal of using clean and renewable energy for all our operations,” said Sam Kapoor, chief global operations officer of Equinix, the world’s largest data centre and colocation provider.Schneider Electric expands clean energy network to Europe

“The NEO Network has delivered insight and connections in the Americas to further that vision. And with Europe accounting for more than 40 per cent 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.

In addition to regional support in Europe and North America, NEO Network members are able to get market research and reports on rapidly developing renewable energy and cleantech markets – including India, Mexico, China and Australia.

“Even though there’s been a dramatic uptick in corporate adoption of clean, renewable energy, the complexity of today’s market can hinder many organisations,” said John Hoekstra, vice-president of Sustainability and Cleantech Services at Schneider Electric.

“Technology, partners, financing and location are all variables that provide an endless array of opportunities, but can slow progress. The growing NEO Network community confirms the need for simplicity and clarity.”