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- August 21, 2024
- 12:32 pm
- Israel
Israeli company Energix Renewable Energies has entered into a tax partnership with Google in the field of green energy. The goal of such cooperation is to attract investment in the production of electricity from renewable sources through tax incentives for large corporations.
Google will invest in Energix projects and receive significant tax benefits associated with these investments. This will help both companies optimize their financial and tax positions, creating favorable conditions for the development of green energy production.
The deal is valued at $1.3 billion to $1.5 billion for Energix through 2030. Google will become a tax partner in the company's energy projects in the United States with a total capacity of 1.5 gigawatts. This partnership will allow both parties to expand their capabilities in the field of renewable energy and make a significant contribution to the fight against climate change.
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🌍 This article is also available in UK