Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Boston, MA — Schneider Electric, the leader in the digital transformation of energy management and automation, [has] announced a collaboration with Crux, a sustainable finance technology company, to procure Section 45X Advanced Manufacturing Production Tax Credits from Silfab Solar, a North American leader in the design, development, and manufacture of premium solar PV modules.
Schneider Electric’s purchase of these tax credits generated supplemental investment funds for Silfab to accelerate its expansion plans for American manufacturing of solar energy for commercial and residential utilization.
“We are excited to announce a tax credit transfer agreement with Crux and Silfab Solar to accelerate the growth and expansion of American domestic manufacturing of solar energy,” said Aamir…
Read the full article originally published at cleantechnica.com.