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
I suppose there are people who believe that the radical left is on a path to make Christianity illegal, and perhaps to install Islam as the official religion of the United States. This is remarkable for two reasons:
a) Every schoolchild in America learns about the First Amendment’s guarantee of freedom of religion at a very young age, and
b) This country made it successfully though 250 years with no one being ignorant enough to bring up this ridiculous concern.
One would hope that this figure of near 60% would indirectly translate into Trump’s ouster before he can take full control of the U.S. government.
We vote Trump’s stooges out of office in November and replace them people of honor. Trump is impeached, convicted and removed. From there, justice takes its course.
Nordex Q3 Orders Jump 30%, Vestas Bets on Australia
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