Author Archives: Electronics Assembly

Tax Credit Aims to Spur Investment in Clean Energy Manufacturing

WASHINGTON—The U.S. Department of Energy (DOE) is partnering with the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to provide $10 billion in funding through the Qualifying Advanced Energy Project Credit (48C). The notice released June 5 allocates up to $4 billion to accelerate domestic clean energy manufacturing and ensure no community is left behind in the transition to clean energy technologies.