Siemens, Eaton, Cummins among companies to receive 48C clean energy tax credits


by www.utilitydive.com

www.utilitydive.com— Clean energy manufacturers have received $1.9 billion so far under the Inflation Reduction Act-funded tax credit.

www.utilitydive.com—IRS issues final guidance for IRA’s clean energy tax credit transferability mechanism. “It is difficult to overstate the significance of today’s announcement for the clean energy market,” said American Council on Renewable Energy President and CEO Ray Long.

www.dglobe.com—2 Nobles County clean energy projects receive grant funding. Two Nobles County projects have been approved through the Renewable Energy for America (REAP) program.

www.world-nuclear-news.org—X-energy awarded federal tax credit for TRISO fuel plant. A USD148.5 million federal tax credit has been awarded to X-energy for the construction of the first-of-a-kind fuel facility in Oak Ridge, Tennessee. The TX-1 fuel fabrication plant will be constructed by the company's TRISO-X subsidiary and is designed to produce up to 714,000 TRISO fuel pebbles per year.