1. Laminate was pulled from a solar panel before recycling at SolarCycle’s Odessa, Texas facility.
2. The U.S. Department of Energy announced 35 projects across 20 states receiving a total of $1.93 billion in Qualifying Advanced Energy Project Credit.
3. The projects aim to accelerate clean energy manufacturing and recycling, with seven located in traditional energy communities, and must meet prevailing wage and registered apprenticeship requirements.
The U.S. Department of Energy announced details for 35 projects across 20 states that received a total of $1.93 billion in allocations of the Qualifying Advanced Energy Project Credit (48C) aimed at accelerating clean energy manufacturing and recycling. These projects are addressing critical needs in the clean energy economy, including grid components, electric vehicle components, solar components, clean steel, and critical materials processing. Seven of the projects are located in traditional energy communities, supporting the President’s commitment to invest in these communities.
The Biden-Harris Administration is focusing on rebuilding the domestic manufacturing sector and creating jobs across the country through initiatives like the Advanced Energy Project Credit. With funding from the Investing in America agenda, the DOE is leveraging the expertise of America’s energy communities to power the energy future. The Qualifying Advanced Energy Project Credit was expanded to provide an additional credit allocation of $10 billion, with $4 billion set aside for projects in designated energy communities.
One of the projects, SolarCycle in Cedartown, Georgia, is investing in a state-of-the-art glass plant to create clean solar glass using recycled materials. This project aims to reduce trade risks, increase innovation, and benefit the domestic economy. The U.S. Department of Treasury and Internal Revenue Service are expected to issue guidance for the second round of the 48C program soon, with a submission window for concept papers opening in the summer.