![]() The Advanced Manufacturing PTC cannot be claimed for components produced at a facility for which a credit was claimed for investments in manufacturing facilities for clean energy technologies under the Section 48C Advanced Manufacturers Tax Credit. These provisions allow the government to increase support as production volumes increase and are expected to significantly expand solar manufacturing in the U.S., including wafer and cell manufacturing where China is now the global leader. The amount of each credit is defined as a set amount per watt, e.g., 4 cents multiplied by the wattage capacity for photovoltaic cells, or as a set amount per production quantity, e.g., $12 per square meter for photovoltaic wafers. Qualifying solar components eligible for these credits include thin film photovoltaic cell or crystalline photovoltaic cells, photovoltaic wafers, solar grade polysilicon, polymeric backsheet, and solar modules. The Inflation Reduction Act created a new Production Tax Credit (PTC), the Advanced Manufacturing Production Credit (Section 45X), that can be applied to the domestic production and sale of qualified solar, wind, and battery components. ![]()
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