The Qualifying Advanced Energy Project Credit (48C) program was established by the American Recovery and Reinvestment Act of 2009 and expanded with a $10 billion investment under the Inflation Reduction Act of 2022. The Advanced Energy Project Credit provides a tax credit for investments in advanced energy projects, as defined in 26 USC § 48C(c)(1).
DOE and Treasury will host a virtual informational webinar for potential applicants on June 27, 2023, at 2 p.m. ET. This webinar will provide information about how to prepare and submit the concept paper. For more information, click here. |