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48C Portal. The 48C Portal is open for registration for any interested applicants, including small-, medium- and large-sized manufacturers. The 48C portal opened for application submission on August 29, 2024. Applications must be submitted through the 48C portal prior to 11:59 pm on October 18, 2024. Visit the DOE 48C Portal to register ...
This section provides a 30 percent tax credit for eligible investments in projects that produce or use renewable energy, reduce greenhouse gas emissions, or recycle critical materials. The projects must be certified by the Secretary and meet certain criteria based on job creation, environmental benefits, and cost-effectiveness.
Learn about the eligibility and application of the 48C credit for clean energy manufacturing, recycling, and decarbonization projects. Find answers to common questions on the program, the application process, the allocation, and the elective pay option.
48C. Expand search. Search. Search "" Close search. Log in Account Management. Qualifying Advanced Energy Project Credit Program. To submit an application for your organization, click the log in button below to be redirected to the Department of Energy's ONE ID authentication hub to create your account. Upon completion, you will be redirected ...
The § 48C Program, established by the IRA, funds critical projects that expand US clean energy manufacturing, recycling, and decarbonization capacity. The IRS allocated $6 billion in tax credits to over 140 projects in more than 30 states, including $4 billion to projects in energy communities.
As the nation builds a net-zero economy, the 48C tax credit program aims to play a critical role to create high-quality jobs, reduce industrial emissions, and increase domestic production of critical clean energy products and materials. The Inflation Reduction Act provided $10 billion in new funding under § 48C(e), with at least $4 billion ...
The 48C Program, funded by the Inflation Reduction Act, offers a 30% investment tax credit for qualifying advanced energy projects. Applications are open until Oct. 18 for projects that meet prevailing wage and apprenticeship requirements and are located in designated energy communities.
The Qualifying Advanced Energy Project Tax Credit (48C) program supports over 100 projects across 35 states to boost domestic clean energy manufacturing and lower emissions. The program, funded by the Inflation Reduction Act, allocates 30% investment tax credits for certified projects that meet prevailing wage and apprenticeship requirements.
Learn about the 48C tax credit program for certified projects that meet prevailing wage and apprenticeship requirements. See the list of applicants who voluntarily disclosed their project information to the Department of Energy.
The § 48C program received significant interest from industry in Round 1, which allocated a total of $4 billion, including approximately $1.5 billion going to projects in 48C energy communities with closed coal mines or coal plants. The $4 billion available for allocations in Round 1 was significantly oversubscribed, with applicants submitting ...