Schneider Electric Signs Agreement to Spur Minigrid Electrification in Nigeria

Schneider Electric recently signed an agreement with EM-ONE Energy Solutions, an engineering firm in Nigeria, with the aim of creating an industry ecosystem based on renewable energy-centered minigrids built or operated by community stakeholders. EM-ONE holds a contract to build 30 minigrids to power hospitals in the Nigerian state of … [Read more...]

Electrification of Transportation and Buildings to Drive $13.3 Trillion in New Investment: BNEF

Demand for electricity will increase 62% though 2050, driving $13.3 trillion in new investment, as the world increasingly pursues electrification of buildings and transportation, according to a new report by BloombergNEF. "The New Energy Outlook 2019" (NEO 2019) forecasts a 12 TW expansion of generating capacity, of which renewables make up … [Read more...]

What Electrification of Transportation and Buildings Means to Microgrids: Interview

The energy industry is poised for what some describe as a sizable investment shift. Oil and gas lose, and power wins with the growing electrification of transportation and buildings. So what does this mean for microgrids? Mark Feasel, vice president of smart grid, Schneider Electric, offered insight in a recent interview leading up to … [Read more...]