The Departments of Energy and the Treasury recently announced they will be reallocating more than $150 million in tax credits for investments in manufacturing facilities for clean-energy technologies in Phase II of the 48C Advanced Manufacturing Tax Credit.
The $150 million is leftover from 48C Phase I, which originally provided $2.3 billion in competitive tax credits for clean-energy manufacturers as part of the American Recovery and Reinvestment Act of 2009 (ARRA).