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Leading by example is a big part of our culture and we ’ re already making massive strides in the renewable and clean energy space with initiatives in place at various Schneider Electric locations . For example , we have solar panels at sites in Vadodara ( India ), Bangpoo ( Thailand ), geothermal energy and the solar rooftop at The Hive ( France ), and solar panels and wind turbines at our new office park IntenCity ( France ). These initiatives are supported by our technical solutions , EcoStruxure Power and EcoStruxure Grid , both of which help to reduce energy consumption .
We ’ re also focused on off-site , longterm procurement through Power Purchase Agreements ( PPAs ). Long-term PPAs are a way to lock in energy prices for up to 20 years , mitigating some of the price volatility we ’ re seeing . This approach will help us secure additional financing required for renewable electricity projects and acquire renewables respectively .
How a localised approach is key to reaching net-zero goals The energy crisis proved that there is a finite amount of energy for purchase , with IEA estimating electricity generation
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