This success was achieved thanks to customers who chose to partner with Schneider Electric for its best-in-class line of products

Rueil-Malmaison, France - March 4, 2014 — The Solar Business of Schneider Electric, a global leader in solutions and services for the solar power conversion chain, is proud to announce that it reached a major milestone at the end of 2013 by surpassing over one GW of cumulated service contracts.

Schneider Electric becomes the first Solar Energy systems and solutions company to reach this milestone, securing its leadership position in the Utility scale segment.

This success was achieved thanks to customers who chose to partner with Schneider Electric for its best-in-class line of products and the associated long term equipment service, maintenance and client support available through the Schneider Electric Global Service Organization.

"Schneider Electric can offer peace of mind and superior return on investment to customers owning photovoltaic assets thanks to the combination of locally dedicated service teams, an integrated PV solutions offering and best-in-class monitoring and control system," says Mr. Laurent Bataille, SVP of the Solar Business of Schneider Electric. "While investors seek more and more secure returns from their PV assets, Schneider Electric is uniquely positioned thanks to its bankability, reliable systems offering and global PV service capabilities."

Schneider Electric's comprehensive operations and maintenance services offering ranges from remote technical support to spare parts management to corrective and preventive maintenance of the complete balance of systems and fully leverages the advanced features of Conext Control, its PV plant monitoring and control system.