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Stock impact report

Schneider Electric and Mainspring Partner to Offer Groundbreaking, Fuel-Flexible Microgrid Solution [Yahoo! Finance]

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: Yahoo! Finance
HOUSTON March 20, 2024 /PRNewswire/ -- Schneider Electric and Mainspring Energy today announced at the annual CERAWeek Conference that they are partnering to offer a new hybrid-energy technology that combines Schneider Electric's EcoStruxure Microgrid Solution and turn-key design-build services with Mainspring's groundbreaking Linear Generator. The combination provides power and fuel-flexibility as well as energy resiliency for commercial and industrial customers. As the energy sector seeks to decarbonize operations and protect power resilience amidst increasing extreme weather events and grid demands, this innovative energy solution allows customers to efficiently generate electricity onsite and operate in parallel to the power grid or independently from the grid when needed. For facilities such as data centers or healthcare facilities, the decentralization of power offered by the new Schneider Electric-Mainspring Microgrid Solution ensures accessible electricity to power critical Show less Read more
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