Schneider Electric and Solairedirect plan to expand their activity in solar energy in Morocco

Casablanca (Morocco), Schneider Electric, the global specialist in energy management, and Solairedirect, energy expert and leader in solar photovoltaic power in France, will travel to Morocco on an important visit from May 12th through 14th 2010 to present their joint project in solar energy.

During this major visit, they will meet with local authorities to gather information about the Kingdom’s energy strategy and will present their energy development projects for Morocco to key decision makers. This visit represents a unique opportunity for a potential partnership with several Moroccan institutions for the Moroccan Solar Plan, especially concerning the project of a 2 GW generation capacity using solar solutions by 2020.

Schneider Electric and Solairedirect are recognised as leaders in the solar and photovoltaic energy sector and have demonstrated their industrial and innovative expertise through major projects using the most advanced products and solutions:
- Schneider Electric’s portfolio provides end–to–end renewable energy solutions from generation to distribution.
- Solairedirect manufactures quality photovoltaic infrastructures that adhere to the highest performance and security standards

Schneider Electric, which has been operating in Morocco for 60 years, and Solairedirect, are committed to collaborating with local industrial resources and to providing Morocco with their wide range of expertise, from energy generation to distribution.

Representatives for Schneider Electric, Karim Belcadi, President for Schneider Electric (Morocco), and Jean-Claude Estival, Energy Business Manager, and for Solairedirect, Thierry Lepercq, CEO, and Younes Slaoui, President Advisor will form the delegation.

About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centres/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, and efficient, the company’s 100,000+ employees achieved sales of more than 15.8 billion euros in 2009, through an active commitment to help individuals and organisations “Make the most of their energy™”.

About Solairedirect
Solairedirect is France’s first pure play solar power operator. Its mission is to make solar power accessible to everyone. The company manufactures photovoltaic modules and provides turnkey offers (project development and engineering, construction and installation, financing, operation and maintenance) for residential, commercial and industrial customers as well as local communities, with systems of all sizes. Solairedirect has over 2 000 rooftop customers and 600 MW of solar parks under development. The company’s shareholders include Demeter Partners (a Caisse des Dépôts sponsored fund), Schneider Electric, a world leader in electrical systems, and several major mutual insurance firms (including Macif, UMR and AGPM).
www.solairedirect.com