REV Campus Challenge Receives $2 MILLION in Funding
NYC -
The REV Campus Challenge announced in August 2016 recently has gained funding support to aid more colleges and universities in becoming more energy efficient. Governor Cuomo announced these funds, which are made available by NYSSGC member New York State Energy Research and Development Authority (NYSERDA), during the Southern Tier Regional Sustainable Development and Collaborative Governance Conference. REV Campus Challenge members can apply to for funding to hire a third-party energy consultant to help with energy planning and decreasing greenhouse gas emissions. REV Campus Challenge members are helping New York drive clean energy activities and reach its Clean Energy Standard of having 50 percent of the State’s electricity come from renewable energy resources by 2030.
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French Price-Fixing Probe: Schneider, Legrand, Rexel, and Sonepar Fined
PARIS - In a significant crackdown on corporate malfeasance, French authorities have imposed hefty fines on four major electrical equipment companies—Schneider Electric, Legrand, Rexel, and Sonepar—after concluding a price-fixing investigation. The total fines amount to approximately €500 million, underscoring the seriousness with which regulators are addressing anti-competitive practices in the electrical distribution sector.
Background of the Investigation
The probe, initiated by France’s Competition Authority, sought to uncover collusion among these leading firms regarding the pricing of electrical equipment and services between 2005 and 2012. This investigation is part of a broader initiative to promote fair competition within the market, ensuring…
