Tuesday,
March 26
March 26
DOE Advanced Energy Project Credit
The U.S. Energy Department and the Interagency Working Group on Coal and Power Plant Communities and Economic Revitalization will host regional workshops to highlight the Qualifying Advanced Energy Project Credit program. This program, established by the American Recovery and Reinvestment Act of 2009, was expanded with a $10 billion investment under the Inflation Reduction Act of 2022 to fund projects that support clean energy manufacturing and recycling, critical materials processing and refining, and emissions reductions at industrial facilities. The program provides an investment tax credit of up to 30 percent of qualified investments for certified projects that meet prevailing wage and apprenticeship requirements.