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Schneider Electric announced a collaboration with Crux to purchase Section 45X Advanced Manufacturing Production Tax Credits from Silfab Solar. This purchase provides additional capital for Silfab Solar to expand their US solar PV module manufacturing. The collaboration aims to leverage the Inflation Reduction Act's tax credit transfer provisions to enhance renewable energy infrastructure and support sustainability efforts. Crux facilitated the transaction through its transferable tax credit ecosystem. This move is part of Schneider's broader strategy to assist clients in accessing tax credits while mitigating buyer risk. The tax credit market is expected to grow significantly, estimated at $7-9 billion in its first year.