Tag: PR Newswire

• Schneider Electric leaders to share actionable strategies to strengthen U.S. grid reliability, resiliency, and efficiency at BNEF 2025

NEW YORK, April 29, 2025 /PRNewswire/ — Schneider Electric, the leader in the digital transformation of energy management and automation, today shared details on its participation at the 2025 BloombergNEF (BNEF) Summit and released two new reports showing how rapid artificial intelligence (AI) expansion, which is projected to contribute up to 50% of U.S. electricity demand growth by 2030, can serve as a powerful catalyst for modernizing and strengthening the nation’s energy infrastructure. The company also announced it has facilitated more than $1.7 billion in clean energy tax credit transfer transactions since late 2023, accelerating investment that drives resilient, efficient power solutions across the United States.

New Report: Powering Sustainable AI in the United States

As the industry gathers at BNEF to tackle the most pressing energy and sustainability challenges, Schneider Electric’s Sustainability Research Institute is contributing new research to inform the conversation. The new report, Powering Sustainable AI in the United States, builds on recent findings by the International Energy Agency (IEA), examining how AI is set to dramatically increase electricity demand and what this means for the future of energy infrastructure. Key findings include:

• AI will drive up to 50% of U.S. electricity demand growth by 2030: Rapid adoption of AI technologies is creating a surge in electricity demand, outpacing other electrification drivers like transport and heating.
• Data center expansion is on a collision course with infrastructure limitations: Projected increases of 43–92 GW in data center capacity by 2030 face major hurdles from outdated grid interconnection processes, permitting delays, and supply chain bottlenecks.
• Infrastructure deficits could impede AI development: The “Limits to Growth” scenario warns that without grid modernization, energy scarcity will constrain innovation and global competitiveness, especially if mitigation efforts focus only on power efficiency.
• Unchecked demand growth risks triggering system-wide inefficiencies: In an “Abundance Without Boundaries” scenario, AI power demand could reach 500 TWh by 2030, which would overwhelm grid capacity, drive up consumer costs and encourage oversized, inefficient infrastructure.
• An unmanaged surge could result in a national or regional energy crisis: Without significant investment in flexibility, distributed energy, and behind-the-meter solutions, power demand could exceed 173 GW by 2030, placing critical pressure on the grid and exposing seven regional operators, including MISO, PJM, and ERCOT, to reserve shortfalls by 2028.

“The rapid and widespread adoption of AI coupled with the soaring demand for electricity are fundamentally reshaping America’s energy landscape”, said Aamir Paul, Schneider Electric’s President of North America Operations. “With concerted efforts and strategic investments, we can ensure that AI’s growth is supported by a robust, efficient, and resilient energy infrastructure, paving the way for greater sustainability.”

The New Reality of Data Center Power

These findings from Schneider Electric Sustainability Research Institute align with new data from AlphaStruxure, Schneider Electric, and Data Center Frontier based on a survey of nearly 150 senior industry professionals on how the U.S. data center sector is adapting to the unfolding energy crunch. The survey results point to an increasingly stark picture of an industry at the nexus between spiking demand and constrained supply. Top findings include:

• It’s taking longer and longer to secure more grid capacity: 44% of respondents indicate their average quoted utility wait times are longer than 4 years
• The grid is the top concern for new data center projects: #1 barrier slowing down data center projects is grid constraints, with 92% seeing it as the most significant obstacle
• The industry is turning to new regions to get the power it needs: #1 region for “Plan B” power availability if the first choice couldn’t provide timely power is the Midwest
• Industry insiders see one region as having the fastest time to power: #1 region for fastest time to power in recent years is the Mountain West
• As the data centers chase electrons, the industry is increasingly thinking outside the grid: 6 in 10 reported they would deploy on-site power generation systems if they ran into concerns about power availability — the top-ranked option

“I’ve been in the power industry over 30 years, and I have never seen a moment like this,” said Juan Macias, CEO of AlphaStruxure. “The findings from this first-of-its-kind survey show the breadth and depth of the energy demand crisis, confirming what we’ve heard anecdotally from our conversations with customers. Wait times are stretching to seven years, even a decade in some cases. This survey also shows how the industry is innovating in the face of grid constraints, including on-site power generation.”

To download the Powering Sustainable AI In the United States report, visit [link]. To read the full AlphaStruxure survey findings, visit [link].

A Defining Moment for U.S. Energy Leadership

The BNEF Summit brings together ideas, insights and connections to build successful strategies, leverage technological advancements and shape a more competitive future. Schneider Electric will have a robust presence at BNEF 2025, focused on highlighting opportunities across the energy transition landscape, including:

• Aamir Paul, President of North America Operations at Schneider Electric, will speak at 9:40 a.m. EDT on April 29 on the panel “U.S. Energy Transition Strategies: The Next Phase,” exploring key risks and opportunities for developers and investors shaping the next chapter of the energy transition.
• Erin Decker, Senior Director, Renewable Energy and Carbon Advisory at Schneider Electric, will be speaking in a Partner Spotlight at 11:50 a.m. EDT on April 30.
• Erin Decker will also be accompanied by Isabel Harrison, Senior Sustainability consultant at Schneider Electric, as a speaker during the themed lunch session, “Evolving to Address Challenges in Supply Chain Decarbonization,” at 12:30 p.m. EST on April 30. This roundtable with private investors, development banks, and policymakers will unpack the key financial and regulatory barriers holding back clean energy investment and explore investment and policy mechanisms, and partnerships needed to unlock capital at scale in emerging markets.

In addition to Aamir Paul, Isabel Harrison, and Erin Decker, Schneider Electric executives from across the company will be available to discuss the company’s latest efforts to strengthen grid reliability and enable a more energy efficient future in the U.S. These executives include:

• Aparna Prabhakar, Chief Strategy and Sustainability Officer, Energy Management
• Vincent Petit, SVP, Climate and Energy Transition Research
• Ruben Llanes, Chief Executive Officer, Digital Grid
• Bill Brewer, Head of Sustainability Business, Americas
• Juan Macias, Chief Executive Officer, AlphaStruxure

To schedule an interview with Schneider Electric executives during BNEF, please contact Luis Davila at luis.davila@se.com.

About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitalization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

www.se.com

Discover Life Is On

Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog 

Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.

Hashtags: #SchneiderElectric #LifeIsOn #BNEF2025

View original content to download multimedia:https://www.prnewswire.com/news-releases/schneider-electric-outlines-pathways-for-a-modern-resilient-grid-to-power-americas-ai-driven-future-302440447.html

SOURCE Schneider Electric

• Schneider Electric leaders to share actionable strategies to strengthen U.S. grid reliability, resiliency, and efficiency at BNEF 2025

NEW YORK, April 29, 2025 /PRNewswire/ — Schneider Electric, the leader in the digital transformation of energy management and automation, today shared details on its participation at the 2025 BloombergNEF (BNEF) Summit and released two new reports showing how rapid artificial intelligence (AI) expansion, which is projected to contribute up to 50% of U.S. electricity demand growth by 2030, can serve as a powerful catalyst for modernizing and strengthening the nation’s energy infrastructure. The company also announced it has facilitated more than $1.7 billion in clean energy tax credit transfer transactions since late 2023, accelerating investment that drives resilient, efficient power solutions across the United States.

New Report: Powering Sustainable AI in the United States

As the industry gathers at BNEF to tackle the most pressing energy and sustainability challenges, Schneider Electric’s Sustainability Research Institute is contributing new research to inform the conversation. The new report, Powering Sustainable AI in the United States, builds on recent findings by the International Energy Agency (IEA), examining how AI is set to dramatically increase electricity demand and what this means for the future of energy infrastructure. Key findings include:

• AI will drive up to 50% of U.S. electricity demand growth by 2030: Rapid adoption of AI technologies is creating a surge in electricity demand, outpacing other electrification drivers like transport and heating.
• Data center expansion is on a collision course with infrastructure limitations: Projected increases of 43–92 GW in data center capacity by 2030 face major hurdles from outdated grid interconnection processes, permitting delays, and supply chain bottlenecks.
• Infrastructure deficits could impede AI development: The “Limits to Growth” scenario warns that without grid modernization, energy scarcity will constrain innovation and global competitiveness, especially if mitigation efforts focus only on power efficiency.
• Unchecked demand growth risks triggering system-wide inefficiencies: In an “Abundance Without Boundaries” scenario, AI power demand could reach 500 TWh by 2030, which would overwhelm grid capacity, drive up consumer costs and encourage oversized, inefficient infrastructure.
• An unmanaged surge could result in a national or regional energy crisis: Without significant investment in flexibility, distributed energy, and behind-the-meter solutions, power demand could exceed 173 GW by 2030, placing critical pressure on the grid and exposing seven regional operators, including MISO, PJM, and ERCOT, to reserve shortfalls by 2028.

“The rapid and widespread adoption of AI coupled with the soaring demand for electricity are fundamentally reshaping America’s energy landscape”, said Aamir Paul, Schneider Electric’s President of North America Operations. “With concerted efforts and strategic investments, we can ensure that AI’s growth is supported by a robust, efficient, and resilient energy infrastructure, paving the way for greater sustainability.”

The New Reality of Data Center Power

These findings from Schneider Electric Sustainability Research Institute align with new data from AlphaStruxure, Schneider Electric, and Data Center Frontier based on a survey of nearly 150 senior industry professionals on how the U.S. data center sector is adapting to the unfolding energy crunch. The survey results point to an increasingly stark picture of an industry at the nexus between spiking demand and constrained supply. Top findings include:

• It’s taking longer and longer to secure more grid capacity: 44% of respondents indicate their average quoted utility wait times are longer than 4 years
• The grid is the top concern for new data center projects: #1 barrier slowing down data center projects is grid constraints, with 92% seeing it as the most significant obstacle
• The industry is turning to new regions to get the power it needs: #1 region for “Plan B” power availability if the first choice couldn’t provide timely power is the Midwest
• Industry insiders see one region as having the fastest time to power: #1 region for fastest time to power in recent years is the Mountain West
• As the data centers chase electrons, the industry is increasingly thinking outside the grid: 6 in 10 reported they would deploy on-site power generation systems if they ran into concerns about power availability — the top-ranked option

“I’ve been in the power industry over 30 years, and I have never seen a moment like this,” said Juan Macias, CEO of AlphaStruxure. “The findings from this first-of-its-kind survey show the breadth and depth of the energy demand crisis, confirming what we’ve heard anecdotally from our conversations with customers. Wait times are stretching to seven years, even a decade in some cases. This survey also shows how the industry is innovating in the face of grid constraints, including on-site power generation.”

To download the Powering Sustainable AI In the United States report, visit [link]. To read the full AlphaStruxure survey findings, visit [link].

A Defining Moment for U.S. Energy Leadership

The BNEF Summit brings together ideas, insights and connections to build successful strategies, leverage technological advancements and shape a more competitive future. Schneider Electric will have a robust presence at BNEF 2025, focused on highlighting opportunities across the energy transition landscape, including:

• Aamir Paul, President of North America Operations at Schneider Electric, will speak at 9:40 a.m. EDT on April 29 on the panel “U.S. Energy Transition Strategies: The Next Phase,” exploring key risks and opportunities for developers and investors shaping the next chapter of the energy transition.
• Erin Decker, Senior Director, Renewable Energy and Carbon Advisory at Schneider Electric, will be speaking in a Partner Spotlight at 11:50 a.m. EDT on April 30.
• Erin Decker will also be accompanied by Isabel Harrison, Senior Sustainability consultant at Schneider Electric, as a speaker during the themed lunch session, “Evolving to Address Challenges in Supply Chain Decarbonization,” at 12:30 p.m. EST on April 30. This roundtable with private investors, development banks, and policymakers will unpack the key financial and regulatory barriers holding back clean energy investment and explore investment and policy mechanisms, and partnerships needed to unlock capital at scale in emerging markets.

In addition to Aamir Paul, Isabel Harrison, and Erin Decker, Schneider Electric executives from across the company will be available to discuss the company’s latest efforts to strengthen grid reliability and enable a more energy efficient future in the U.S. These executives include:

• Aparna Prabhakar, Chief Strategy and Sustainability Officer, Energy Management
• Vincent Petit, SVP, Climate and Energy Transition Research
• Ruben Llanes, Chief Executive Officer, Digital Grid
• Bill Brewer, Head of Sustainability Business, Americas
• Juan Macias, Chief Executive Officer, AlphaStruxure

To schedule an interview with Schneider Electric executives during BNEF, please contact Luis Davila at luis.davila@se.com.

About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitalization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

www.se.com

Discover Life Is On

Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog 

Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.

Hashtags: #SchneiderElectric #LifeIsOn #BNEF2025

View original content to download multimedia:https://www.prnewswire.com/news-releases/schneider-electric-outlines-pathways-for-a-modern-resilient-grid-to-power-americas-ai-driven-future-302440447.html

SOURCE Schneider Electric

• Schneider Electric leaders to share actionable strategies to strengthen U.S. grid reliability, resiliency, and efficiency at BNEF 2025

NEW YORK, April 29, 2025 /PRNewswire/ — Schneider Electric, the leader in the digital transformation of energy management and automation, today shared details on its participation at the 2025 BloombergNEF (BNEF) Summit and released two new reports showing how rapid artificial intelligence (AI) expansion, which is projected to contribute up to 50% of U.S. electricity demand growth by 2030, can serve as a powerful catalyst for modernizing and strengthening the nation’s energy infrastructure. The company also announced it has facilitated more than $1.7 billion in clean energy tax credit transfer transactions since late 2023, accelerating investment that drives resilient, efficient power solutions across the United States.

New Report: Powering Sustainable AI in the United States

As the industry gathers at BNEF to tackle the most pressing energy and sustainability challenges, Schneider Electric’s Sustainability Research Institute is contributing new research to inform the conversation. The new report, Powering Sustainable AI in the United States, builds on recent findings by the International Energy Agency (IEA), examining how AI is set to dramatically increase electricity demand and what this means for the future of energy infrastructure. Key findings include:

• AI will drive up to 50% of U.S. electricity demand growth by 2030: Rapid adoption of AI technologies is creating a surge in electricity demand, outpacing other electrification drivers like transport and heating.
• Data center expansion is on a collision course with infrastructure limitations: Projected increases of 43–92 GW in data center capacity by 2030 face major hurdles from outdated grid interconnection processes, permitting delays, and supply chain bottlenecks.
• Infrastructure deficits could impede AI development: The “Limits to Growth” scenario warns that without grid modernization, energy scarcity will constrain innovation and global competitiveness, especially if mitigation efforts focus only on power efficiency.
• Unchecked demand growth risks triggering system-wide inefficiencies: In an “Abundance Without Boundaries” scenario, AI power demand could reach 500 TWh by 2030, which would overwhelm grid capacity, drive up consumer costs and encourage oversized, inefficient infrastructure.
• An unmanaged surge could result in a national or regional energy crisis: Without significant investment in flexibility, distributed energy, and behind-the-meter solutions, power demand could exceed 173 GW by 2030, placing critical pressure on the grid and exposing seven regional operators, including MISO, PJM, and ERCOT, to reserve shortfalls by 2028.

“The rapid and widespread adoption of AI coupled with the soaring demand for electricity are fundamentally reshaping America’s energy landscape”, said Aamir Paul, Schneider Electric’s President of North America Operations. “With concerted efforts and strategic investments, we can ensure that AI’s growth is supported by a robust, efficient, and resilient energy infrastructure, paving the way for greater sustainability.”

The New Reality of Data Center Power

These findings from Schneider Electric Sustainability Research Institute align with new data from AlphaStruxure, Schneider Electric, and Data Center Frontier based on a survey of nearly 150 senior industry professionals on how the U.S. data center sector is adapting to the unfolding energy crunch. The survey results point to an increasingly stark picture of an industry at the nexus between spiking demand and constrained supply. Top findings include:

• It’s taking longer and longer to secure more grid capacity: 44% of respondents indicate their average quoted utility wait times are longer than 4 years
• The grid is the top concern for new data center projects: #1 barrier slowing down data center projects is grid constraints, with 92% seeing it as the most significant obstacle
• The industry is turning to new regions to get the power it needs: #1 region for “Plan B” power availability if the first choice couldn’t provide timely power is the Midwest
• Industry insiders see one region as having the fastest time to power: #1 region for fastest time to power in recent years is the Mountain West
• As the data centers chase electrons, the industry is increasingly thinking outside the grid: 6 in 10 reported they would deploy on-site power generation systems if they ran into concerns about power availability — the top-ranked option

“I’ve been in the power industry over 30 years, and I have never seen a moment like this,” said Juan Macias, CEO of AlphaStruxure. “The findings from this first-of-its-kind survey show the breadth and depth of the energy demand crisis, confirming what we’ve heard anecdotally from our conversations with customers. Wait times are stretching to seven years, even a decade in some cases. This survey also shows how the industry is innovating in the face of grid constraints, including on-site power generation.”

To download the Powering Sustainable AI In the United States report, visit [link]. To read the full AlphaStruxure survey findings, visit [link].

A Defining Moment for U.S. Energy Leadership

The BNEF Summit brings together ideas, insights and connections to build successful strategies, leverage technological advancements and shape a more competitive future. Schneider Electric will have a robust presence at BNEF 2025, focused on highlighting opportunities across the energy transition landscape, including:

• Aamir Paul, President of North America Operations at Schneider Electric, will speak at 9:40 a.m. EDT on April 29 on the panel “U.S. Energy Transition Strategies: The Next Phase,” exploring key risks and opportunities for developers and investors shaping the next chapter of the energy transition.
• Erin Decker, Senior Director, Renewable Energy and Carbon Advisory at Schneider Electric, will be speaking in a Partner Spotlight at 11:50 a.m. EDT on April 30.
• Erin Decker will also be accompanied by Isabel Harrison, Senior Sustainability consultant at Schneider Electric, as a speaker during the themed lunch session, “Evolving to Address Challenges in Supply Chain Decarbonization,” at 12:30 p.m. EST on April 30. This roundtable with private investors, development banks, and policymakers will unpack the key financial and regulatory barriers holding back clean energy investment and explore investment and policy mechanisms, and partnerships needed to unlock capital at scale in emerging markets.

In addition to Aamir Paul, Isabel Harrison, and Erin Decker, Schneider Electric executives from across the company will be available to discuss the company’s latest efforts to strengthen grid reliability and enable a more energy efficient future in the U.S. These executives include:

• Aparna Prabhakar, Chief Strategy and Sustainability Officer, Energy Management
• Vincent Petit, SVP, Climate and Energy Transition Research
• Ruben Llanes, Chief Executive Officer, Digital Grid
• Bill Brewer, Head of Sustainability Business, Americas
• Juan Macias, Chief Executive Officer, AlphaStruxure

To schedule an interview with Schneider Electric executives during BNEF, please contact Luis Davila at luis.davila@se.com.

About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitalization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

www.se.com

Discover Life Is On

Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog 

Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.

Hashtags: #SchneiderElectric #LifeIsOn #BNEF2025

View original content to download multimedia:https://www.prnewswire.com/news-releases/schneider-electric-outlines-pathways-for-a-modern-resilient-grid-to-power-americas-ai-driven-future-302440447.html

SOURCE Schneider Electric

• Schneider Electric leaders to share actionable strategies to strengthen U.S. grid reliability, resiliency, and efficiency at BNEF 2025

NEW YORK, April 29, 2025 /PRNewswire/ — Schneider Electric, the leader in the digital transformation of energy management and automation, today shared details on its participation at the 2025 BloombergNEF (BNEF) Summit and released two new reports showing how rapid artificial intelligence (AI) expansion, which is projected to contribute up to 50% of U.S. electricity demand growth by 2030, can serve as a powerful catalyst for modernizing and strengthening the nation’s energy infrastructure. The company also announced it has facilitated more than $1.7 billion in clean energy tax credit transfer transactions since late 2023, accelerating investment that drives resilient, efficient power solutions across the United States.

New Report: Powering Sustainable AI in the United States

As the industry gathers at BNEF to tackle the most pressing energy and sustainability challenges, Schneider Electric’s Sustainability Research Institute is contributing new research to inform the conversation. The new report, Powering Sustainable AI in the United States, builds on recent findings by the International Energy Agency (IEA), examining how AI is set to dramatically increase electricity demand and what this means for the future of energy infrastructure. Key findings include:

• AI will drive up to 50% of U.S. electricity demand growth by 2030: Rapid adoption of AI technologies is creating a surge in electricity demand, outpacing other electrification drivers like transport and heating.
• Data center expansion is on a collision course with infrastructure limitations: Projected increases of 43–92 GW in data center capacity by 2030 face major hurdles from outdated grid interconnection processes, permitting delays, and supply chain bottlenecks.
• Infrastructure deficits could impede AI development: The “Limits to Growth” scenario warns that without grid modernization, energy scarcity will constrain innovation and global competitiveness, especially if mitigation efforts focus only on power efficiency.
• Unchecked demand growth risks triggering system-wide inefficiencies: In an “Abundance Without Boundaries” scenario, AI power demand could reach 500 TWh by 2030, which would overwhelm grid capacity, drive up consumer costs and encourage oversized, inefficient infrastructure.
• An unmanaged surge could result in a national or regional energy crisis: Without significant investment in flexibility, distributed energy, and behind-the-meter solutions, power demand could exceed 173 GW by 2030, placing critical pressure on the grid and exposing seven regional operators, including MISO, PJM, and ERCOT, to reserve shortfalls by 2028.

“The rapid and widespread adoption of AI coupled with the soaring demand for electricity are fundamentally reshaping America’s energy landscape”, said Aamir Paul, Schneider Electric’s President of North America Operations. “With concerted efforts and strategic investments, we can ensure that AI’s growth is supported by a robust, efficient, and resilient energy infrastructure, paving the way for greater sustainability.”

The New Reality of Data Center Power

These findings from Schneider Electric Sustainability Research Institute align with new data from AlphaStruxure, Schneider Electric, and Data Center Frontier based on a survey of nearly 150 senior industry professionals on how the U.S. data center sector is adapting to the unfolding energy crunch. The survey results point to an increasingly stark picture of an industry at the nexus between spiking demand and constrained supply. Top findings include:

• It’s taking longer and longer to secure more grid capacity: 44% of respondents indicate their average quoted utility wait times are longer than 4 years
• The grid is the top concern for new data center projects: #1 barrier slowing down data center projects is grid constraints, with 92% seeing it as the most significant obstacle
• The industry is turning to new regions to get the power it needs: #1 region for “Plan B” power availability if the first choice couldn’t provide timely power is the Midwest
• Industry insiders see one region as having the fastest time to power: #1 region for fastest time to power in recent years is the Mountain West
• As the data centers chase electrons, the industry is increasingly thinking outside the grid: 6 in 10 reported they would deploy on-site power generation systems if they ran into concerns about power availability — the top-ranked option

“I’ve been in the power industry over 30 years, and I have never seen a moment like this,” said Juan Macias, CEO of AlphaStruxure. “The findings from this first-of-its-kind survey show the breadth and depth of the energy demand crisis, confirming what we’ve heard anecdotally from our conversations with customers. Wait times are stretching to seven years, even a decade in some cases. This survey also shows how the industry is innovating in the face of grid constraints, including on-site power generation.”

To download the Powering Sustainable AI In the United States report, visit [link]. To read the full AlphaStruxure survey findings, visit [link].

A Defining Moment for U.S. Energy Leadership

The BNEF Summit brings together ideas, insights and connections to build successful strategies, leverage technological advancements and shape a more competitive future. Schneider Electric will have a robust presence at BNEF 2025, focused on highlighting opportunities across the energy transition landscape, including:

• Aamir Paul, President of North America Operations at Schneider Electric, will speak at 9:40 a.m. EDT on April 29 on the panel “U.S. Energy Transition Strategies: The Next Phase,” exploring key risks and opportunities for developers and investors shaping the next chapter of the energy transition.
• Erin Decker, Senior Director, Renewable Energy and Carbon Advisory at Schneider Electric, will be speaking in a Partner Spotlight at 11:50 a.m. EDT on April 30.
• Erin Decker will also be accompanied by Isabel Harrison, Senior Sustainability consultant at Schneider Electric, as a speaker during the themed lunch session, “Evolving to Address Challenges in Supply Chain Decarbonization,” at 12:30 p.m. EST on April 30. This roundtable with private investors, development banks, and policymakers will unpack the key financial and regulatory barriers holding back clean energy investment and explore investment and policy mechanisms, and partnerships needed to unlock capital at scale in emerging markets.

In addition to Aamir Paul, Isabel Harrison, and Erin Decker, Schneider Electric executives from across the company will be available to discuss the company’s latest efforts to strengthen grid reliability and enable a more energy efficient future in the U.S. These executives include:

• Aparna Prabhakar, Chief Strategy and Sustainability Officer, Energy Management
• Vincent Petit, SVP, Climate and Energy Transition Research
• Ruben Llanes, Chief Executive Officer, Digital Grid
• Bill Brewer, Head of Sustainability Business, Americas
• Juan Macias, Chief Executive Officer, AlphaStruxure

To schedule an interview with Schneider Electric executives during BNEF, please contact Luis Davila at luis.davila@se.com.

About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitalization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

www.se.com

Discover Life Is On

Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog 

Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.

Hashtags: #SchneiderElectric #LifeIsOn #BNEF2025

View original content to download multimedia:https://www.prnewswire.com/news-releases/schneider-electric-outlines-pathways-for-a-modern-resilient-grid-to-power-americas-ai-driven-future-302440447.html

SOURCE Schneider Electric

Mangrove’s solution will enable Carbon Alpha to track CO2 in real time and streamline the verification of carbon credits from the North Star project.

CALGARY, AB, April 29, 2025 /PRNewswire/ – Carbon Alpha, a Canadian carbon dioxide removal (CDR) project developer, has selected Mangrove Systems (Mangrove) as its digital monitoring, reporting, and verification (digital MRV) solution provider for its North Star carbon removal project. This strategic partnership brings together a leading biomass-based carbon removal initiative with a leading digital MRV solution to ensure transparency and trust in every ton of CO2 removed.

North Star, a partnership between Carbon Alpha and Meadow Lake Tribal Council (MLTC), is a groundbreaking CDR initiative focused on biogenic carbon removal. The North Star project —the first-of-its-kind in Canada — will capture carbon dioxide from the MLTC Bioenergy Centre and store it deep underground in Saskatchewan’s well defined geological formations. The project is designed as a Bioenergy with Carbon Capture and Storage (BECCS) solution, converting sustainably sourced forestry waste into renewable energy and capturing the resulting biogenic CO2 for permanent storage. North Star is expected to generate approximately 90,000 high-quality carbon removal credits annually while providing local economic benefits and advancing Canada’s net-zero goals.

By integrating Mangrove’s digital MRV solution into North Star’s operations, Carbon Alpha will achieve real-time tracking of the entire carbon removal process – from biomass delivery and CO2 capture through to injection and storage. All data from field sensors, capture equipment, and storage sites will be consolidated into one secure system, providing a continuous, auditable record of carbon removal performance. This ensures complete, accurate, and verifiable CO2 removal data for every tonne captured, reinforcing Carbon Alpha’s commitment to transparency and enabling efficient oversight by verification bodies and stakeholders.

Mangrove’s digital MRV solution is known for its robust capabilities in data management, automation, and reporting for carbon projects. The solution consolidates operational data across capture, transport, and storage, giving project developers a unified carbon system of record to drive key decisions on commercialization and compliance. By providing end-to-end traceability of each molecule of CO2, Mangrove’s solution ensures complete visibility across the entire carbon removal process, fostering trust and confidence among stakeholders. Importantly, it also streamlines the carbon credit issuance process: the system can automatically compile the necessary reporting for independent validation and verification, and interface with carbon registries to accelerate credit issuance and serialization. For Carbon Alpha, this means the credits generated by North Star’s removals can be issued more efficiently and with full confidence in their integrity.

“This partnership marks a major step forward in our mission to deliver credible, measurable climate solutions,” said Patrick Elliott, COO of Carbon Alpha. “By leveraging Mangrove’s digital MRV solution, we can ensure that every tonne of CO2 we remove is accounted for with the highest degree of accuracy and transparency. Mangrove’s solution gives us and our stakeholders confidence that North Star’s carbon removal impact is real, permanent, and verifiable.”

“At Mangrove, we are thrilled to support innovative projects like North Star that push the boundaries of carbon removal,” said Brandon Vlaar, CEO of Mangrove Systems. “Carbon Alpha’s dedication to high-integrity carbon removal reflects the type of bold, scalable projects we aim to empower with our digital MRV technology. This collaboration demonstrates how digital MRV can underpin scalable carbon removal by providing the data integrity needed to engage partners, regulators, and credit buyers.”

For more information about North Star, please visit www.carbonalpha.com/northstar. Interested in purchasing high-quality CDRs from this project? Contact NorthStar@Carbonalpha.com.

About Carbon Alpha

Carbon Alpha is a Canadian  CDR developer dedicated to supplying carbon removal credits at scale. Founded in 2021 in Calgary, Carbon Alpha specializes in bioenergy with carbon capture and storage (BECCS) projects, taking carbon removal initiatives from concept to credit generation. The company’s integrated team of experts focuses on developing high-quality, scalable CDR projects that permanently remove CO2 from the atmosphere while delivering economic and environmental co-benefits. Carbon Alpha’s flagship North Star project underscores its mission to create sustainable, community-driven carbon removal solutions that support climate targets and foster local development. For more information, visit: www.CarbonAlpha.com.

About Mangrove Systems

Mangrove Systems provides the leading digital measurement, reporting, and verification (digital MRV) solution for carbon dioxide removal (CDR) and carbon capture & storage (CCS) projects. Mangrove tracks every molecule of CO2 that flows through project operations, providing a digital, fully auditable system to support project commercialization & compliance. Mangrove Systems is trusted by many of the largest carbon projects in the world to bring trust, transparency, and integrity to carbon project operations. For more information, visit: www.MangroveSystems.com.

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SOURCE Mangrove Systems Inc.

High-density infrastructure to be supported at atNorth’s FIN02 site in Helsinki.

HELSINKI, April 29, 2025 /PRNewswire/ — atNorth, the leading Nordic colocation, high-performance computing, and artificial intelligence service provider announced its plans to support Nokia’s cloud infrastructure with a multi megawatt deployment at its FIN02 site in Finland. The contract spans over 12 years and includes potential extensions totaling over 10MW.

Nokia, one of the world’s leading telecommunications and networking technology companies, is headquartered in Finland and has long utilized Finnish data centers, leveraging the country’s cool climate and renewable energy sources to ensure the sustainability of its workloads. In fact, the business was ranked as the most sustainable telecoms and communications company in the world earlier this year.

Nokia and atNorth have built a long-standing relationship through atNorth’s use of Nokia data center switches that power its HPCaaS offering, which currently runs from its data centers in Iceland and Sweden.

Well versed in the evolving data center landscape, Nokia was looking for a data center partner that could accommodate its high-density infrastructure needs without compromising its environmental credentials. The business required capacity suitable for high-density workloads of more than 130kw per rack, available at speed and with the potential for future scalability.

Located in Espoo, Greater Helsinki, atNorth’s newest data center, FIN02, runs on renewable energy and features robust power and liquid cooling capabilities. Built for scalability, its modular design supports high-performance workloads. A collaboration with Kesko Corporation enables waste heat recycling to heat a nearby store, further lowering its carbon footprint.

“atNorth was able to meet our complex technical requirements at speed without compromising on our sustainability goals,” said Marika Mentula, Vice President for Network Infrastructure North Europe at Nokia. “By helping support our cloud infrastructure at atNorth’s FIN02 data center, we can deliver high-performance infrastructure that supports our most demanding applications.”

“As the data center industry continues to grow at record speed, it’s clear that businesses are increasingly seeking the full package—sustainable, secure, infrastructure that can scale rapidly,” said Eyjólfur Magnús Kristinsson, CEO of atNorth. “Our longstanding partnership with Nokia—rooted in the hardware demands of our HPCaaS offering and built on a shared commitment to sustainability—is a testament to that. It adds to a growing list of globally recognized companies that trust atNorth with their mission-critical data and rely on us to deliver best-in-class service.”

The news follows atNorth’s recent announcement of its heat reuse partnership with retail giant, Kesko Corporation at its FIN02 data center in Finland. The business has two other metro sites near Helsinki and a fourth ‘mega’ site is currently in development in Kouvola, that is expected to be operational by the end of 2025. 

About atNorth

atNorth is a leading Nordic data center services company that offers cost-effective, scalable colocation and high-performance computing services trusted by industry-leading organizations. The business acquired leading High Performance Computing (HPC) provider, Gompute, in 2023 enabling a compelling full stack offering tailored to AI and other critical high performance workloads.

With sustainability at its core, atNorth’s data centers run on renewable energy resources and support circular economy principles. All atNorth sites leverage innovative design, power efficiency, and intelligent operations to provide long-term infrastructure and flexible colocation deployments. The tailor-made solutions enable businesses to calculate, simulate, train and visualize data workloads in an efficient, cost-optimized way.

atNorth is headquartered in Reykjavik, Iceland and operates eight data centers in strategic locations across the Nordics, with a site to open in Ballerup, Denmark in 2025, as well as its tenth under construction in Kouvola, Finland and its eleventh site in Ølgod, Denmark. The business has also secured land for a future mega site in the Sollefteå Municipality in Sweden.

For more information, visit atNorth.com or follow atNorth on LinkedIn or Facebook.

About Nokia

At Nokia, we create technology that helps the world act together. 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.  

With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

Press Contact:
Caroline Brunton
Kite Hill PR for atNorth
+44 (0) 7796 274 416
caroline@kitehillpr.com

This information was brought to you by Cision http://news.cision.com

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SOURCE atNorth

SHANGHAI, April 29, 2025 /PRNewswire/ — United Imaging Healthcare (SSE: 688271) has released its 2024 Environmental, Social, and Governance (ESG) Report, reaffirming its mission to bring Equal Healthcare for All. The report outlines continued progress in sustainability, compliance, and corporate responsibility, emphasizing how the company integrates long-term social value with global business growth.

In 2024, the company achieved an “A” rating in the MSCI ESG evaluation and ranked in the top 15% of companies assessed by the S&P Global Corporate Sustainability Assessment (CSA), reflecting its consistent performance in ESG integration.

United Imaging Healthcare continued to promote global health equity by expanding access to advanced medical technologies and services. In China, it launched large-scale public screening campaigns in underserved areas, supporting early detection and local health system improvement. Globally, it deployed digital imaging solutions in countries including Mexico, Malawi, and Ethiopia, improving diagnostic capabilities and healthcare accessibility in resource-constrained settings. Regional operations in the Middle East and Asia-Pacific continued to scale innovation delivery across more than 30 countries.

United Imaging Healthcare maintained a strong focus on quality and compliance. In 2024, it updated 184 quality management documents and passed 38 audits from regulators and third-party certifiers with a 100% success rate. ERP upgrades and digital transformation projects at its Shanghai and Wuhan campuses helped improve cross-functional efficiency across R&D, manufacturing, and supply chain operations.

Sustainable development remained a strategic priority. The company advanced responsible sourcing, strengthened supplier oversight, and expanded ESG governance across its global operations. In 2024, over 17,000 employee attendances in anti-bribery and anti-fraud training sessions were recorded, supporting a culture of integrity and ethical conduct.

In workforce development, the company continued to promote diversity, equity, and inclusion. By the end of 2024, the company employed over 8,000 people across more than 30 locations worldwide. Over 4,000 employees have benefited from its equity incentive programs, reflecting its commitment to shared growth and long-term value creation.

Environmentally, by 2035, the company has committed to reducing Scope 1 and 2 carbon emissions intensity by 50% using 2023 as the baseline year. In 2024, the company earned a “B” rating in both climate and water assessments under the CDP framework, affirming its progress in carbon management and environmental responsibility.

The management reaffirmed United Imaging Healthcare’s long-term commitment to driving innovation and expanding access to high-quality healthcare—fulfilling its mission of Equal Healthcare for All.

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SOURCE United Imaging Healthcare Co., Ltd.

PARIS, April 29, 2025 /PRNewswire/ — Reju™, the purpose-driven, leading textile-to-textile regeneration company, today announced plans for product validation and adoption with Utexa, and Antex, two global leaders in multifilament yarn production with manufacturing locations in Europe and the Americas. The companies will be validating Reju’s proprietary material, REJU Polyester™, for commercial adoption in multifilament yarns for textile applications. Yarns produced at Utexa’s plant in Choloma, Honduras and Antex’s Girona, Spain facility are scheduled to be utilized by Reju’s brand partners for garment development and analysis of near shore supply chains by October 2025.

The partnerships are part of Reju’s strategy to create measurable impact on the regional post-consumer textile waste problem in the areas the problem is created. While building a new circular textile system that helps to enable aggregation of textile waste as well as the sorting and preparation infrastructure for recycling to be built and scale, and that will allow EPR schemes to become possible in region. The partnerships will also provide opportunities for diversifying and near-shoring portions of their supply chains.

“These partnerships accelerate the development of high-quality, sustainable yarns meeting the growing demand for environmentally responsible, regionally sourced textile solutions,” said Patrik Frisk, CEO at Reju. “By combining the proven manufacturing capabilities of Utexa and Antex with Reju’s polyester, we will drive meaningful change in the textile industry, demonstrating the ability to produce high quality yarns and fabrics within the continents where our Regeneration Hubs will be located. Aligning with these mills enables us to deliver products that not only meet the expectations of conscious consumers, but also, contribute to a more sustainable future for the planet.”

The benefits of Reju Polyester are:

• Lower Carbon Emissions: Reju’s regeneration process provides a 100% textile-to-textile recycled polyester with a carbon footprint about 50% lower than that of virgin polyester.
• Regenerated Quality: Owing to Reju’s regeneration technology, polyester produced by the company will be of the highest grade for textile applications, avoiding the thermal degradation, contaminants, and co-monomers often associated with thermo-mechanical recycling processes.
• Resilient Supply: By focusing on the local challenge of post-consumer waste, and identifying partners in-region, partnering with Reju advances a stable, near-shore supply chain option that can improve flexibility and time-to-market for brands.

“Working with Reju reinforces our mission to advance textile innovation and speed in the Americas,” said Jon Pavlansky, President at Utexa. “We look forward to exploring the full potential of Reju Polyester and setting a new industry standard in sustainable yarns.”

Reju’s circular polyester aligns perfectly with our commitment to sustainable innovation, speed, and efficiency for textile supply chains,” said Marta Molist, Innovation & Sustainability Director at Antex. “As a global producer of multifilament yarns, we’re proud to help bring this next-generation material to life, delivering performance, quality, and environmental responsibility at industrial scale.”

Further updates on the progress and results of the pilot program will be shared in the coming months. For more information about Reju, visit reju.com and LinkedIn.

About Utexa
Utexa, strategically located in Honduras, is a state-of-the-art filament yarn manufacturer serving the CAFTA region and the Americas. As a joint venture between Parkdale Mills de Honduras and several other companies, Utexa combines innovation, scale and operational excellence to deliver high quality performance yarns with a strong sustainability focus. This partnership enhances speed to market, sustainability, and competitive advantage for customers across the Americas and beyond.

About Antex
Antex is a Spanish textile group founded in 1969 specializing in synthetic fibers and yarns, with industrial plants in Spain, Brazil, Mexico, and Poland. Antex provides a complete range of industrial scale processes for synthetic yarns production, with a focus on providing optimal geographical and operational performance to respond to market demand with the utmost speed and efficiency.

About Reju
Reju is a materials regeneration company focused on creating innovative solutions for regenerating polyester textiles and PET waste. Owned by Technip Energies and utilizing technology originating with IBM research, Reju is driven by our purpose to unlock infinite possibilities within finite resources and aims to establish a global textile recycling circular system to regenerate and recirculate polyester textiles. Learn more at https://www.reju.com/.

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SOURCE Reju

• HTWO Energy Savannah will serve Hyundai’s new Hyundai Motor Group Metaplant America (HMGMA), utilizing XCIENT hydrogen heavy-duty fuel cell trucks for Clean Logistics
• Phase one to create a scalable Class-8 hydrogen refueling solution, in collaboration with HTWO Logistics (Fleet Operations), HydroFleet (Hydrogen Refueling), and Capital Development Partners (Overall Development)
• Phase two plans include commercial vehicle electric charging capability
• HTWO Energy Savannah marks a significant step forward in the decarbonization of emissions-intensive port operations and major logistics corridors

POOLER, Ga., April 28, 2025 /PRNewswire/ — Today, at the 2025 Advanced Clean Transportation (ACT) Expo, Hyundai announced plans to launch a scalable hydrogen production and dispensing facility for Class-8 heavy-duty zero-emission vehicles. The station will be located just 10 miles from the Port of Savannah, Georgia, within one of the nation’s busiest freight hubs. HTWO Energy Savannah development is a collaboration between HTWO Logistics, HydroFleet, and Capital Development Partners, and is scheduled to begin operations in late Fall 2025.

“HTWO Energy Savannah is a breakthrough hydrogen production and refueling station for the heavy-duty trucking industry, allowing zero-emissions trucks to quickly and easily refuel at a single convenient location in the Savannah region,” said Jim Park, SVP, commercial vehicle and hydrogen fuel cell business, Hyundai Motor North America. “The HTWO Energy Savannah hydrogen station will also truly fulfill our vision for HMGMA Clean Logistics, allowing our innovative new electric vehicle plant to transport plant shipments within a clean, zero-emissions ecosystem.”

On the HTWO Energy Savannah site, hydrogen production and refueling stations generating 1,200 kilograms of hydrogen per day will support fast-fill zero-emissions heavy-duty trucking operations in the region. Moving forward, available infrastructure can be scaled to support up to 4,200 kilograms of hydrogen per day to meet future demand.

Scott Moe, CEO of HydroFleet, also expressed his enthusiasm for the project. “HTWO Energy Savannah is a groundbreaking initiative that will revolutionize the heavy-duty trucking and hydrogen industry. By providing a scalable hydrogen production and refueling solution, HydroFleet and HTWO Logistics are addressing the critical need for sustainable logistics infrastructure. This project not only supports Hyundai’s vision for clean logistics but also positions the city of Pooler as a local leader in the hydrogen economy. We are excited to collaborate with Hyundai and HTWO Logistics to drive the transition to zero-emission transportation, both in Georgia and the U.S.”

“HTWO Energy Savannah represents the type of forward-thinking infrastructure the Southeast is ready for — a site that not only meets the demands of today’s heavy-duty fleets but also paves the way for a scalable hydrogen economy in our region,” said Des Carlisle, executive director of the Southeast Hydrogen Energy Alliance. “We are proud to support the collaboration between Hyundai, HydroFleet, and Capital Development Partners, and we see this project as a blueprint for how public-private cooperation can accelerate zero-emission logistics while strengthening regional energy resilience.”

Hyundai Motor America
Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company’s Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, and several cutting-edge R&D facilities. These operations, combined with those of Hyundai’s 850 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a published economic impact report. For more information, visit www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

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SOURCE Hyundai Motor America

NORWALK, Conn., April 28, 2025 /PRNewswire/ — Emeren Group Ltd (“Emeren” or the “Company”) (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced that the special committee (the “Special Committee”) of the Company’s Board of Directors (the “Board”) has retained Kroll, LLC as its independent financial advisor and Morrison & Foerster as its U.S. legal counsel. The Special Committee was formed to evaluate and consider the preliminary non-binding proposal received by the Board on March 17, 2025 (the “Proposal”) as well as other potential strategic alternatives that the Company may pursue.

The Board cautions the Company’s shareholders and others considering trading the Company’s securities that no decisions have been made with respect to the Proposal or any alternative strategic option that the Company may pursue. There can be no assurance that any definitive offer will be received, that any definitive agreement will be executed relating to the transaction contemplated by the Proposal or that any other transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to any transaction, except as required under applicable law.

About Emeren Group Ltd

Emeren Group Ltd (NYSE: SOL), a renewable energy leader, showcases a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to financing — we excel by leveraging local talent in each market, ensuring our sustainable energy solutions are at the forefront of efficiency and impact. Our commitment to enhancing solar power and energy storage underlines our dedication to innovation, excellence, and environmental responsibility. For more information, go to www.emeren.com. 

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets, “confident” and similar statements. Among other things, statements that are not historical facts, including statements about Emeren’s beliefs and expectations, the business outlook and quotations from management in this announcement, as well as Emeren’s strategic and operational plans, are or contain forward-looking statements. Emeren may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its periodic reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. All forward-looking statements are based upon management’s expectations at the time of the statements and involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: execution of Emeren’s strategies and business plans; growth and trends of the industries in which Emeren operates; market acceptance of Emeren’s products and services; competition in the industries in which Emeren operates; Emeren’s ability to control costs and expenses; Emeren’s ability to retain key personnel and attract new talent; relevant government policies and regulations relating to Emeren’s industry, corporate structure and business operations; seasonality in the business; fluctuations in currencies exchange rates; risks related to acquisitions or investments Emeren has made or will make in the future; accounting adjustments that may occur during the quarterly or annual close or auditing process; and fluctuations in general economic, political, geopolitical and business conditions. Further information regarding these and other risks are included in Emeren’s filings with the U.S. Securities and Exchange Commission. All information provided in this announcement and in the attachments is as of the date of the announcement and based on assumptions that Emeren believes to be reasonable as of this date, and Emeren undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact: 

Emeren Group Ltd – Investor Relations
+1 (925) 425-7335
ir@emeren.com

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SOURCE Emeren Group Ltd