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
For those who struggle with elementary school arithmetic, Trump won the election (50%+ approval) out of more than 150 million votes cast, and now his approval rating is in the low 30s.
That’s ~30 million voters who regret their choices, out of the common American.
Add in the Tucker Carlsons of the world.
Absolutely.
It must be done, because our country is home to some hateful morons who want to see honest, hardworking, taxpaying people with brown skin deported, and their families torn apart.
It wasn’t the American way until recently, but it sure is now.
As shown at left, the United States is loaded with people who twist the facts to their liking.
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