Schneider Electric acquires Xantrex Technology
Schneider Electric has signed an agreement with Xantrex Technology to acquire all of its common shares.
Xantrex is a global player in the solar and wind inverter market and the accquisition will reinforce Schneider Electric’s growing position in solutions for renewable energies.
Xantrex is focused on the inverter, the key entry point for solar and wind systems solutions, which efficiently converts raw electrical power from renewable energy generators (such as solar photovoltaic panels and wind turbines) into high-quality, grid-worthy power.
Renewable energy tender to power a third of NSW homes
Once awarded, the state government said it will pave the way for NSW to achieve up to 90% of its...
Quantum timing study to help future-proof energy grid
The research will examine how quantum-enabled timing technologies could provide a reliable...
Renewables supply reaches almost 50% on Aust's east coast
This is the highest share on record for a first quarter, driven by increased wind and solar...
