How does my Company Qualify and Apply for R&D and 48C Manufacturing Tax Credits?
- Event Summaries
- March 30, 2023
In partnership with IRS and Treasury, DOE announced the intent to release $4B in a first round of tax credits as part of the Qualifying Advanced Energy Project Credit 48C Program for projects that strengthen clean energy supply chains. The 48C program will provide an investment tax credit of 30% of qualified investments for certified projects that meet prevailing wage and apprenticeship requirements. In addition to this significant investment, click here to review DOE "critical minerals & materials."