Biden Administration announces first manufacturers to qualify for 48C tax credits

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The U.S. Department of Energy (DOE) on April 19 released details for 35 projects across 20 states that voluntarily shared with DOE they received a total of $1.93 billion in allocations of the Qualifying Advanced Energy Project Credit (48C). 48C is an allocated tax credit funded by President Biden’s Investing in America agenda through the…

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