Schneider Electric has committed to invest in a portfolio of Texas-based projects utilizing a Tax Credit Transfer Agreement for solar systems and BESS developed, built and operated by ENGIE North America.
“Schneider Electric is committed to achieving net-zero emissions across our operations by 2030. This new solar-plus-storage agreement for the U.S. and Canada with ENGIE, a leading developer of renewables, will help us reach that goal,” says Schneider Electric’s Aamir Paul. “The IRA opens the door for innovative projects through its transferability clause, and expands the range of entities that can benefit from tax credits in meeting decarbonization objectives. Schneider Electric is a leader in sustainability, efficiency and the energy transition, and we are proud to ‘model the way’ with this tax credit transfer.”
Since 2017, the two companies have partnered on North America projects that currently exceed 1.6 GW, says Schneider Electric. ENGIE’s total corporate PPA portfolio in North America exceeds 6.5 GW.
Schneider Electric was advised on the deal by consultants from its Sustainability Business.
The projects are expected to come online this year.
The post Schneider Electric Announces Investment with ENGIE for Solar, BESS appeared first on Solar Industry.
Schneider Electric Announces Investment with ENGIE for Solar, BESS
Renewable Energy
Has Anything Improved in the Last Two Years?
It depends on what you believe.
Fox News will tell you that our southern border is no longer being overrun, that we’ve discovered that vaccinations are unsafe, that we’re standing up against Sharia Law, we’re preventing Iran from building a nuclear weapon, prices are coming down (or soon will be), Trump is an honest and effective servant of the American people and that the U.S. is once again respected on the world stage.
We live in a country where tens of millions of idiots believe every word of this.
Renewable Energy
Uptime’s Takeaways from Hamburg 2026
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Uptime’s Takeaways from Hamburg 2026
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Renewable Energy
A Relief to be around Like-Minded People
I met a guy today from a rural part of Central England–“nothing but farms and pubs,” as he put it. His father was an epidemiologist working for the United Nations, and so, as a boy, he lived all over the world and grew up largely in developing countries that suffered from horrific diseases.
He and his wife had the conversation one would expect from such people:
- Why are we so content to ignore climate change that is ruining our planet?
- Why are people so indifferent to the suffering of others?
- How is it possible that billionaires expect to live well here on Earth while 99.9% of us suffering with wildfires, devastating storms, blistering heat, losses of landmasses, and desertification?
- At the end of the day, is money really that precious?
Obviously, not everyone thinks this way, but to be in something of a “lovefest” for just a few minutes was a great relief.
relief.
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