IRS Provides Guidance for 2024 Qualifying Advanced Energy Project Credit Program

05/17/2024

The Internal Revenue Service (IRS) recently released guidance for the second round of Qualifying Advanced Energy Project Credit Applications. These credits are for owners of clean energy manufacturing and recycling projects, greenhouse gas emission reduction projects, and critical material projects. The program, which allows for applications for up to $6 billion in allocations, functions like a competitive grant. 5/15/2024

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