Subject: 48C Phase II Tax Credit Announced; Webinar Scheduled for February 12, 2013
From: "48C-round2meritreview" <[email-masked]>
Date: Fri, 8 Feb 2013 20:17:23 +0000

Dear friends of EERE,

As you know, the Advanced Energy Manufacturing Tax Credits (commonly referred to as 48C) was established by the Recovery Act to support investment in domestic clean energy and energy efficiency manufacturing facilities through a competitively-awarded 30% investment tax credit.

I wanted to make sure that you saw yesterday's announcement (below) about the availability of $150 million in a second round of 48C.  The initial round provided $2.3 billion in credits to 183 projects across the country. The $150 million in tax credits are being made available now because they were not used by the previous awardees.

These remaining tax credits will be allocated on a competitive basis. Projects will be assessed by the Department of Energy based on the following criteria: commercial viability, domestic job creation, technological innovation, speed to project completion, and potential for reducing air pollution and greenhouse gas emissions. The Department of Energy will also consider additional factors including diversity of geography, technology, project size, and regional economic development. The full solicitation is available on the IRS website<http://www.irs.gov/pub/irs-drop/n-13-12.pdf>.

The program supports manufacturing of a range of clean energy products, from renewable energy equipment to energy efficiency products to advanced energy storage and carbon capture technology.  A full list of eligible projects is included in the 48C Manufacturing Tax Credit fact sheet<http://energy.gov/downloads/fact-sheet-48c-manufacturing-tax-credits>.

You may send questions about the program to the IRS by fax at 713-209-3964 or leave a message at 713-209-3669.  Please include your telephone and fax number in your message.

DOE will be hosting an informational webinar on the 48C Phase II Program for potential applicants (taxpayers) on February 12, 2013 at 2:00 Eastern time. This initial webinar will provide information about how to prepare the Concept Paper. Participants will have the opportunity to submit written questions during the webinar. Answers will be posted on the IRS website at http://www.irs.gov/Businesses/Advanced-Energy-Credit-for-Manufacturers-(IRC-48C) and on DOE's eXCHANGE system at https://eere-exchange.energy.gov/ under the 48C Phase II opportunity announcement. The February 12, 2013 webinar will address topics related to the Concept Paper phase of the process only.  Applicants who are subsequently invited to submit a Full Application will also be invited to a webinar addressing that stage of the process.

Webinar information is as follows:

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https://www1.gotomeeting.com/ojoin/378430657/3079168

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From: DOE Office of Energy Efficiency and Renewable Energy
Sent: Thursday, February 07, 2013 11:42 AM
Subject: Energy Department, Treasury Announce Availability of $150 Million in Tax Credits for Clean Energy Manufacturers

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Energy Department, Treasury Announce Availability of $150 Million in Tax Credits for Clean Energy Manufacturers
February 7, 2013

As part of President Obama's all-of-the-above approach to American energy, the U.S. Departments of Energy and the Treasury today announced the availability of $150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy efficiency manufacturing projects across the United States. This important tax program is focused on strengthening America's global competitiveness in clean energy manufacturing, increasing our energy security, and creating new jobs and opportunities for American workers.

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