Qualifying Advanced Energy Project Credit (§48C) Deadline is July 31
The deadline to submit a concept paper for the Qualifying Advanced Energy Project Credit (§48C) is July 31. Companies who are interested in applying for this tax credit are encouraged to view the §48C webinar recording for additional details or review the PowerPoint summarizing the webinar.
The tax credit aims to strengthen U.S. industrial competitiveness and clean energy supply chains as the nation transitions to a net-zero economy with the creation of high-quality jobs, a reduction in industrial emissions, and an increase in domestic production of critical clean energy products and materials, especially in coal communities.
Learn how your business (or those you work with) can take advantage of the Qualifying Advanced Energy Project Credit (§48C): Qualifying Advanced Energy Project Credit (48C) Program | Department of Energy.
Those interesting in appling for the credit will need to submit a concept paper by July 31 at noon ET.