California solar project powers homes and empowers communities
The project received a 20% investment tax credit for selling its electricity to low-income communities, according to developer, Renewable America.
Additional guidance released for energy communities IRA tax credits
The Treasury, Department of Energy and Internal Revenue Service provide details on the Qualifying Advanced Energy Project Credit program that makes available $10 billion in tax credits for energy communities.
$10 billion from the IRA to help clean up the industry
The IRS released guidance on how it will allocate $10 billion to grow recycling facilities, re-equip industrial facilities to reduce greenhouse gas emissions by at least 20%, and establish new manufacturing facilities that reduce our carbon footprint.
