Applicant Self-Disclosed 48C Projects

The Qualifying Advanced Energy Project Credit (48C) was established by the American Recovery and Reinvestment Act of 2009 and expanded with a $10 billion investment under the Inflation Reduction Act of 2022. By law, at least $4 billion of the total $10 billion will be allocated to projects in designated 48C energy communities—which includes communities with closed coal mines or coal plants. 48C provides an investment tax credit of up to 30% of qualified investments for certified qualifying advanced energy projects that meet prevailing wage and apprenticeship requirements.  

• On May 29, 2024, the IRS released allocations for the first round of the Qualifying Advanced Energy Project Credit (48C). 2024. Of the $4 billion in tax credit allocations, approximately $1.5 billion supports projects in designated 48C energy communities. 
• On January 10, 2025, the IRS released allocations for the second round of the Inflation Reduction Act’s (IRA) § 48C Qualifying Advanced Energy Project Tax Credit (§ 48C Program). Of the $6 billion in tax credit allocations, roughly $2.5 billion supports projects located in designated 48C energy communities.

The law requires publication of the names of all organizations with certified projects and the amount of their allocation after projects meet certain project readiness criteria required for certification.  After receiving an allocation and prior to certification, organizations may voluntarily choose to share information about their allocation. The organizations listed below affirmatively and voluntarily chose to self-disclose their name and project information to the Department of Energy outside of the 48C Program, and the information below does not constitute federal tax information.