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Biden-Harris Administration Announces Historic Investments to Support America’s Energy and Industrial Communities
Today, the U.S. Department of Energy (DOE) once again demonstrated its commitment to boosting domestic clean energy manufacturing and ensuring that traditionally underserved communities benefit from clean energy technologies by partnering with the U.S. Department of the Treasury and the Internal Revenue Service to implement programs with that aim—the Qualifying Advanced Energy Project Credit Program & the Low-Income Communities Bonus Credit Program—while also opening applications for a $750 million Advanced Energy Manufacturing and Recycling Grant Program, funded by the Bipartisan Infrastructure Law, to support industrial projects by small- and medium-sized manufacturers in energy communities.
This whole-of-government approach builds on other efforts related to or stemming from the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA), including LPO’s Innovative Clean Energy & Energy Infrastructure Reinvestment, Advanced Transportation, Tribal Energy, and Carbon Dioxide Transportation Infrastructure financing programs that aim to spur American-made clean energy investments, bolster domestic supply chains, and help re-shore American manufacturing jobs.
LEARN MORE:
• See the full press release here: https://lnkd.in/gYhJy9d8
• Learn more about the Advanced Energy Manufacturing and Recycling Grant Program via DOE’s Office of Manufacturing & Energy Supply Chains: https://lnkd.in/ggSwzN-H
• Explore LPO clean energy and advanced transportation manufacturing opportunities at: Energy.gov/LPO
Reposted to Energy Central from: https://www.linkedin.com/company/doe-loan-programs-office/
Biden-Harris Administration Announces Historic Investments to Support America’s Energy and Industrial Communities
The President’s Actions Will Spur American-Made Clean Energy Investments in Low-Income and Underserved Communities, Bolster Domestic Supply Chains, Help Re-shore American Jobs
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