09 Feb '13, 2pm

DOE, US Treasury Announce New, $150M Round Of Advanced Energy Manufacturing Tax Credits

DOE, US Treasury Announce New, $150M Round Of Advanced Energy Manufacturing Tax Credits

Aiming to assure the competitiveness of US businesses in the fast-growing clean energy and clean technology markets, the US Departments of Energy (DOE) and US Treasury on February 7 announced availability of $150 million in Section 48C Advanced Energy Manufacturing Tax Credits. Zooming in on boosting clean energy manufacturing, enhancing national energy security, and creating new jobs and business opportunities, the new incentives will also strengthen “America’s global competitiveness,” according to a DOE Energy Efficiency and Renewable Energy (EERE) office press release . RCA Building, Rockefeller Center, NY “Since 2009, the Advanced Energy Manufacturing Tax Credit program has supported innovative American manufacturers that boost our nation’s competitiveness in the global race for clean energy,” departing Energy Secretary Steven Chu was quoted as saying . “These new inve...

Full article: http://cleantechnica.com/2013/02/09/doe-treasury-announce...

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