Tuesday, April 2, 2013

$150 Mil. in Tax Credits Available for Clean Energy Manufacturers

Recovery Tax Credits for Clean Energy
3/20/2013 - The Department of Energy (DOE) and the U.S. Treasury recently announced that $150 million in tax credits are available for clean energy manufacturers. The credits are part of the Advanced Energy Manufacturing Tax Credits program that provided nearly $300 billion total in tax breaks and benefits.

Created by the Recovery Act, the program supports manufacturing of a range of clean energy products, from renewable energy equipment to energy efficiency products to advanced energy storage and carbon capture technology. The goal is to promote investment in domestic clean energy and energy efficiency manufacturing facilities through a competitively awarded 30 percent investment tax credit, which companies must apply for. read more>>>

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