Schneider Electric S A Stock Price, News & Analysis

Schneider Electric has inaugurated new data center and microgrid research laboratories at its Global R&D Center in Andover, Massachusetts, as part of a €2.26 billion ($2.4 billion) global R&D investment in 2024. The facility now houses 40 labs, including a 6,000-square-foot Power Distribution Unit (PDU) laboratory and a 1,500-square-foot microgrid laboratory.

The PDU lab features three testing bays for high-powered voltage systems designed for AI data centers, while the microgrid lab includes four 90kW grid simulators and three 45kW solar simulators, capable of simulating power demands for 300 homes. In 2024, the company's energy-management business achieved double-digit growth, with their US microgrids managing over 100 gigawatts of energy, sufficient to power 75 million homes.

Schneider Electric has announced a new Smart Power Manager feature for its Square D QO Smart Panel Solution, addressing growing home electrification demands without requiring costly electrical service upgrades. Debuting at the 2025 NAHB International Builders Show, this software-based solution helps homebuilders avoid upgrading from 200 amp to 400 amp service—a change that can cost up to $17,000 per home.

As consumers shift to electric appliances and vehicles, home power demands are increasing by 15-20%. The Smart Power Manager intelligently manages larger loads by automatically shedding controllable loads to keep energy usage under capacity limits. This system is:

• Smart: Identifies overages and reduces them while maintaining safety
• Cost-effective: Avoids expensive service upgrades
• Modular: Works in both main and sub-panels
• Convenient: Allows homeowners to prioritize loads via the Schneider Home app

Available this summer, this solution expands the QO Smart Panel Solution which offers circuit-level control and system-wide energy monitoring.

Schneider Electric has announced a new patent leveraging artificial intelligence (AI) to enhance process safety and reduce industrial hazards. The innovation automatically analyzes potential process hazards and validates protection mechanisms in industrial processes. The technology, developed by the EcoStruxure™ Triconex Safety team, enables automatic hazard prevention through protective mechanisms.

The patent represents a significant advancement in functional safety, allowing for the simulation of hazards under various conditions and the generation of protective responses. Three additional patents incorporating AI into functional safety lifecycle are pending. The system aims to enhance HAZOP (Hazard and Operability) studies by generating more comprehensive scenario combinations than previously possible through manual analysis.

Schneider Electric has launched the SpaceLogic™ Touchscreen Room Controller, an advanced energy management device that combines thermostat simplicity with building management system capabilities. The controller features AI-driven HVAC optimization at the edge, eliminating the need for cloud connectivity while maintaining ASHRAE 55-compliant comfort standards.

The device offers integrated control of HVAC, lighting, and blinds, promising energy savings up to 35%. It includes 17 input/output connection points and features temperature, humidity, and occupancy sensing. The controller can reduce maintenance staff hour costs by up to 25% through wireless connectivity options and simple engineering tools. It has shown to reduce occupant complaints by up to 23% through enhanced energy optimization.

The controller is currently available, with additional features planned for rollout in 2025, including AI-driven HVAC optimization in late Q1 2025.

Schneider Electric has successfully partnered with Blue Stream Fiber to enhance their operational capacity and resilience through EcoConsult Services. The engagement focused on two Florida data center facilities in Port St. Lucie and Coral Springs, where Schneider's engineers conducted comprehensive assessments and developed customized consulting solutions.

The program delivered several key improvements, including doubling the electrical amperage of operations, adding redundancy measures, and upgrading secondary power systems to protect against outages. The partnership aims to support Blue Stream Fiber's growth while maintaining service quality for their customers.

The collaboration provides a structured plan for optimization through electrical system redesign and targeted equipment upgrades, ensuring long-term operational reliability as Blue Stream Fiber continues to expand its 45-year service tradition.

Schneider Electric announced the election of Aamir Paul, President of North America Operations, to the National Association of Manufacturers (NAM) Board of Directors. Paul joins leaders from major companies like General Motors, Dow, and Intel to shape policy advocacy and operational excellence.

The company has invested over $440 million in American manufacturing since 2020, including a recent $140 million investment plan announced in March 2024 to create 750 new manufacturing jobs in Tennessee. Schneider Electric operates more than 22 facilities across 14 states and employs over 21,000 workers in the U.S.

The company's presence spans significant market segments, with its products found in 40% of U.S. homes, 40% of worldwide hospitals, and 40,000 water installations globally. Schneider Electric was recognized in TIME's 100 Most Influential Companies list in 2023 for its work in reducing greenhouse-gas emissions.

Jana Gerber, North American President of Microgrids for Schneider Electric, has won the Gold Stevie Award in the Saving Energy, Sustainability Category at the 21st annual Stevie Awards for Women in Business. The award recognizes her team's work on over 350 microgrid projects in North America. The Stevie Awards received over 1,500 entries, with winners chosen by more than 200 professionals globally. Gerber's efforts focus on integrating software, systems, and products to enhance energy efficiency and resilience for Schneider Electric's customers. She expressed her honor in receiving the award, emphasizing the company's mission towards net-zero solutions and energy sustainability.

Schneider Electric has launched Schneider OffGrid, a premium portable power station designed for outdoor enthusiasts and backup power needs. The device features multiple charging ports, including USB-A, USB-C, AC sockets, and wireless charging capabilities. Built with 60% post-consumer recycled plastic, it offers sustainable power solutions through solar charging compatibility and eco-mode features. The company has donated over 200 units to the Footprint Project for Hurricane Helene relief efforts, supporting community centers and medical facilities in Western North Carolina.

Schneider Electric reported strong progress in its Sustainability Impact (SSI) program, achieving a score of 7.29 out of 10 in Q3 2024, on track to reach its year-end target of 7.40. The company reached two major milestones: surpassing its goal of providing green energy access to 50 million people ahead of schedule, and training over 763,000 people in energy management.

The company achieved a 36% reduction in operational CO2 emissions from top suppliers through its Zero Carbon Project. Additionally, Schneider strengthened community initiatives through partnerships with Habitat for Humanity ($3.5 million commitment) and Footprint Project ($1 million donation) for sustainable housing and disaster relief efforts. A significant Tax Credit Transfer Agreement with ENGIE North America supports clean energy projects in Texas.