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Schneider Electric Partners With Canadian Energy to Grow Canadian Off-Grid Solar and Backup Power Markets

BURNABY, BRITISH COLUMBIA -- (Marketwired) -- 04/29/14 -- Schneider Electric Solar Business, a global leader in solutions for the solar power conversion chain, is pleased to announce a new strategic partnership with Canadian Energy Corp for exclusive distribution of Schneider Electric's battery-based, solar offer in Canada.

Canadian Energy Corp is now the exclusive distributor of the Conext SW, Conext XW, Conext, ComBox, Conext MPPT Solar Charge Controllers and Battery based balance of system products in Canada.

This exclusive distribution model for the Schneider Electric Solar offering is the first of its kind in any geography and will bring improved customer experience in an exciting and competitive off-grid solar market.

"We are delighted to partner with Canadian Energy, a leader in renewable energy generation and storage in Canada. This partnership is a long term strategy supporting not only the business growth of our two organizations, but also the promotion of clean, secure energy to Canadian businesses and home owners," says Mr. Laurent Bataille, SVP of the Solar Business of Schneider Electric.

This alliance will provide an improved customer experience for installers by reducing lead times, increasing the pre and post sales service and support, and improving access to Schneider Electric's industry leading, battery based Conext XW and Conext SW offers.

"Through this expanded relationship, installers can now purchase all of the products (inverters, batteries, modules, battery based balance of system products) required for an off-grid solar or battery backup system from a single supplier carrying the Schneider Electric brand which is known for bankability and reliability," adds Mr. Bataille.

"The fact that we are the exclusive master distributor for Schneider Electric's Conext SW, Conext XW, ComBox, Conext MPPT Solar Charge Controllers and their battery based balance of system products is a significant development for the advancement of alternative energy in Canada. We are proud to have forged this partnership with a globally bankable partner like Schneider Electric and will continue to offer and provide our customers with the best-backed products and local support anywhere in Canada," says Craig Ballard, CEO for Canadian Energy.

Canadian Energy is a national distributor with over 20 branch locations, two (Calgary and Ontario) distribution and service hubs, and over 30 dedicated regional sales representatives.

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 centers/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, and efficient, the company's 140,000 plus employees achieved sales of 24 billion Euros in 2012, through an active commitment to help individuals and organizations "Make the most of their energy." www.schneider-electric.com

Schneider Electric, the Schneider Electric logo and Context are trademarks or registered trademarks of the Schneider Electric group of companies.

About Canadian Energy:

With over 60 years of industry experience, Canadian Energy is the 100% Canadian owned and operated leader in design, manufacturing, and sales of stored energy and renewable energy solutions in Canada.

We're one of the fastest growing companies in Canada and to stay on top we continue to make substantial investments in infrastructure, leading technologies, and products to keep pace with the dynamic stored energy market. Our national distribution network of 20 warehouse locations provides our customers with responsive & reliable distribution and product expertise from coast to coast. We are committed to have the highest quality products in our industry, backed by the best warranty in Canada.

We're committed to offering unprecedented support for our customers and providing solutions for the most challenging problems in the most extreme applications. Our goal is to be the industry leader in renewable energy generation and storage in Canada.

For more information, please visit http://www.cdnrg.com.

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