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Schneider Electric commits to invest in Texas-based clear energy projects

Juan Pedro February 27, 2024

Schneider Electric announced 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 company said that 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 the U.S. and Canada. “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,” said Aamir Paul, President, North America Operations at Schneider Electric.

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Categories: Energy

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