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Feds Offer $150M in Clean Manufacturing Tax Credits

Feb 8, 2013
Source: 
(Houston Business Journal)

The U.S. Department of Energy and the U.S. Treasury have announced $150 million in energy manufacturing tax credits for clean energy and energy efficiency manufacturing projects in the U.S.

The Advanced Energy Manufacturing Tax Credit was first established by the American Recovery and Reinvestment Act to increase investment in domestic, clean energy and efficient manufacturing facilities. The first round of funding provided $2.3 billion in credits for more than 180 projects. 

The $150 million is available as tax credits today because it was not used by previous projects.