Do You Know about the ESG 48C Tax Incentives?
Beginning in 2023, the IRA’s Section 48C Advanced Energy Credit offers the first round out of $10 billion in investment tax credits aimed at strengthening domestic clean energy manufacturing.
In an effort to speed up the “battle on climate change” and “energy transition”, the United States Internal Revenue Service (IRS) has introduced Section 48C of the Internal Revenue Code, offering Advanced Energy Credits (AECs) as incentives for the development and deployment of advanced energy projects.
Nearly halfway through 2023, it is essential to ex…
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