Schneider Electric pulls out of the utility-scale PV business

The French inverter maker is pulling out of the utility-scale segment to strengthen its profile in the residential and C&I space.

French multinational Schneider Electric has confirmed to pv magazine it will pull out of the utility scale PV inverter business. In response to inquiries about the matter, a company spokesperson said: “After a careful analysis of the renewables market, Schneider Electric has updated its strategy.”

To date, the company has been active in all PV market segments. In utility scale, Schneider has two central inverter solutions: the Conext Core XC 1000V and Conext SmartGen 1500V systems. Additionally, Schneider offers string inverters for its utility-scale business with 60 kW and 125-kW ratings at a voltage of 1,000 V and 1,500 V, respectively.

Schneider also provides large-scale storage solutions and a range of power electronics such as LV Switchboards and the PV Minera transformer for substations, as well as integrated substation solutions. The PV Box product combining an inverter, combiner box, MV/LV-transformer and switchgear in an integrated container could also be pulled from the market in the wake of the strategic change of focus. According to company information, the product was initially designed for commercial and industrial and utility scale plants, with smaller options of 500 kW and 750 kW available.

Still in the PV game

“Schneider Electric will stop serving the utility scale segment,” the company spokesperson said. However, that does not mean farewell to the entire PV market. Schneider said it is seeking to position itself in the “renewables space towards the residential and C&I segments, leveraging the full Ecostruxxure portfolio”, in reference to the company’s internet of things platform.

Regarding current projects and associated services, the spokesperson stressed all commitments will be “maintained and fulfilled”. In December, Schneider announced it would deliver its Conext SmartGen central inverters and provide operations and maintenance services to the 45 MW Minami and 70 MW Bizen projects in Japan. Construction on both projects is scheduled to start this year.

In terms of distributed generation, Schneider offers a range of solutions for mining and other C&I applications as well as for island and mini-grids. It believes such applications leverage its Ecostruxxure platform.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment: schneider-electric.com

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Phone: 8745857610
Country: India
Website: https://www.schneider-electric.co.in/en/