Last week, the U.S. DOE announced the availability of $150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy-efficient manufacturers.
This $150 million round of funding is the second round for the program, which began in 2009. An initial round provided $2.3 billion in credits to 183 projects, says the DOE. This newest round of credits is being made available because some of the credits were not used by previous awardees.
The tax credits are available to manufacturers of renewable energy equipment (solar, wind, geothermal, etc.), electric grids and storage for renewables, fuel cells and microturbines, energy storage systems for electric or hybrid vehicles, carbon dioxide capture and sequestration equipment, equipment for refining or blending renewable fuels, and equipment for energy conservation, including lighting and smart grid technologies.
To read the entire announcement by the U.S. DOE, click here