President Obama has announced the awarding of $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the U.S.
A total of 183 projects in 43 states will create tens of thousands of clean energy jobs and encourage the domestic manufacturing of advanced clean energy technologies including solar, wind and efficiency and energy management technologies, the White House says.
The investment tax credits, worth up to 30% of each planned project, will leverage private capital for a total investment of nearly $7.7 billion in high-tech manufacturing in the U.S. The projects were competitively selected through a rigorous merit review process.
Recipients include Pittsburgh-based PPG Industries Inc., which plans to produce a double anti-reflective coating for glass to make solar cells more efficient. The tax credit will help to expand the manufacture of one of the transparent conductive oxide coatings for solar cell glass.
An Excel file with the complete list of tax-credit recipients is available here.
