Smart Electric Power Alliance News

Schneider Electric Announces Innovative Tax Credit Transfer Agreement with ENGIE

Schneider Electric, the pioneer in the digital transformation of energy management and automation, announces that it has committed to invest in a portfolio of Texas-based clean energy projects utilizing a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout 2024 and will enable Schneider Electric to get closer to its 100% renewable energy goal in th...

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